- USD/INR is currently trading around 72.43 marks.
- It made intraday high at 72.58 and low at 72.35 marks.
- Intraday bias remains slightly bearish for the moment.
- Key resistances are seen at 72.66, 72.85, 73.02, 73.24 and 73.66 marks respectively.
- On the other side, initial supports are seen at 72.03, 71.68, 71.47, 71.33, 71.13, 70.63, 70.47, 70.22 and 69.94 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- India’s NSE Nifty was trading around 0.06 percent higher at 11,383.28 points while BSE Sensex was trading 0.10 points higher at 37,623.82 points.
We prefer to take long position on USD/INR around 72.40, stop loss at 72.03 and target of 73.02.


FxWirePro: GBP/USD slips as dollar rebounds from six-week low
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: AUD/USD firms after upbeat consumer spending data
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness 



