- USD/INR is currently trading around 69.23 marks.
- It made intraday high at 69.24 and low at 68.92 marks.
- Intraday bias remains bullish till the time pair holds key support at 68.49 mark.
- Key resistances are seen at 69.52, 69.70, 69.98, 70.20, 70.51, 70.68 and 70.85 marks respectively.
- On the other side, initial supports are seen at 68.92, 68.49, 67.88 and 67.67 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- India’s NSE Nifty was trading around 0.46 percent higher at 11,651.58 points while BSE Sensex was trading 0.42 points higher at 38,846.87 points.
- India repo rate decrease to 6 % (forecast 6 %) vs previous 6.25 %.
- India reverse repo rate decrease to 5.75 % (forecast 5.75 %) vs previous 6 %.
We prefer to take long position on USD/INR around 69.20, stop loss 68.90 and target of 69.98.


FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Woodies pivot (Major)
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro- Woodies pivot (Major)
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD gains some ground but outlook is bearish
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next 



