FxWirePro- Woodies pivot (Major) 
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge 
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NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 
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FxWirePro: GBP/AUD eases slightly, focus on near-term support 
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AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
FxWirePro: USD/ZAR gains some ground, but downtrend remains 
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FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar 
- USD/INR is currently trading around 63.90 marks.
- It made intraday high at 63.93 and low at 63.87 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 64.00 marks.
- Key resistances are seen at 63.98, 64.08, 64.25, 64.36, 64.48, 64.60, 64.82, 64.98, 65.09, 65.18, 65.34, 65.52 and 65.80 marks respectively.
- On the other side, initial supports are seen at 63.87, 63.70, 63.62, 63.48, 63.36 and 63.11 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- India’s NSE Nifty was trading around 0.85 percent higher at 10,019.55 points and BSE Sensex was trading at 0.65 percent higher at 31,892.39 points.
We prefer to take short position in USD/INR around 63.95, stop loss at 64.08 and target of 63.70/63.48.
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