- USD/INR is currently trading around 64.61 marks.
- It made intraday high at 64.62 and low at 64.50 marks.
- Intraday bias remains neutral till the time pair holds key support at 64.48 marks.
- Key resistances are seen at 64.75, 64.92, 65.02, 65.20, 65.32, 65.48, 65.72, 65.85, 65.98, 66.20, 66.46, 66.68 and 66.79 marks respectively.
- On the other side, initial supports are seen at 64.48, 64.29 and 64.05 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 lower at 10,437.70 points and BSE Sensex was trading at 0.02 percent higher 33,605.91 points.
We prefer to take short position in USD/INR only below 64.48, stop loss at 64.70 and target of 64.29.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: EUR/AUD gains slightly, but downward resumption looks likely
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
FxWirePro : EUR/NZD gains upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY edges lower, scope for further downside
FxWirePro: USD/ZAR extends decline, scope for further downside
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: USD/JPY edges higher as traders eye U.S. Jobs data and Geopolitical developments
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro: USD/CAD eases slightly but trend is still bullish
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data 



