Thursday, December 18, 2014

INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS: 19.Dec.2014


USDINR ( 29-Dec-14 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 63.12 / 63.00 / 62.75 . And the upperside, it has Strong Resistance @ 63.37 upperside, it may test Resistance Levels such as 63.49 / 63.74 / 63.86 . Currently USDINR is Trading @ 63.25

EURINR ( 29-Dec-14 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 77.55 / 77.10 / 76.33 . And the upperside, it has Strong Resistance @ 78.32 upperside, it may test Resistance Levels such as 78.77 / 79.54 / 79.99 . Currently EURINR is Trading @ 77.99

GBPINR ( 29-Dec-14 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 99.36 / 99.72 / 100.09 . And the lower side , it has Strong Support @ 98.99 downside, it may tank to near support Levels such as 98.63 / 98.26 / 97.89 . Currently GBPINR is Trading @ 99.00


JPYINR ( 29-Dec-14 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 53.13 / 52.89 / 52.46 . And the upperside, it has Strong Resistance @ 53.56 upperside, it may test Resistance Levels such as 53.80 / 54.23 / 54.47 . Currently JPYINR is Trading @ 53.36