Thursday, December 11, 2014

INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS: 12.Dec.2014


USDINR ( 29-Dec-14 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 62.66 / 62.75 / 62.92 . And the lower side , it has Strong Support @ 62.50 downside, it may tank to near support Levels such as 62.40 / 62.24 / 62.15 . Currently USDINR is Trading @ 62.57

EURINR ( 29-Dec-14 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 77.69 / 77.43 / 77.27 . And the upperside, it has Strong Resistance @ 77.86 upperside, it may test Resistance Levels such as 78.12 / 78.29 / 78.55 . Currently EURINR is Trading @ 77.96

GBPINR ( 29-Dec-14 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 97.83 / 97.61 / 97.38 . And the upperside, it has Strong Resistance @ 98.06 upperside, it may test Resistance Levels such as 98.29 / 98.52 / 98.74 . Currently GBPINR is Trading @ 98.06

JPYINR ( 29-Dec-14 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 52.58 / 52.40 / 52.16 . And the upperside, it has Strong Resistance @ 52.82 upperside, it may test Resistance Levels such as 53.01 / 53.25 / 53.43 . Currently JPYINR is Trading @ 52.77