Wednesday, January 28, 2015

INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS: 29.Jan.2015

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USDINR ( 25-Feb-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 61.61 / 61.48 / 61.37 . And the upperside, it has Strong Resistance @ 61.73 upperside, it may test Resistance Levels such as 61.86 / 61.97 / 62.10 . Currently USDINR is Trading @ 61.74

EURINR ( 25-Feb-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 69.87 / 69.68 / 69.49 . And the upperside, it has Strong Resistance @ 70.06 upperside, it may test Resistance Levels such as 70.24 / 70.44 / 70.62 . Currently EURINR is Trading @ 70.05


GBPINR ( 25-Feb-15 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 94.12 / 94.35 / 94.80 . And the lower side , it has Strong Support @ 93.66 downside, it may tank to near support Levels such as 93.43 / 92.97 / 92.74 . Currently GBPINR is Trading @ 93.89

JPYINR ( 25-Feb-15 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 52.59 / 52.86 / 53.08 . And the lower side , it has Strong Support @ 52.37 downside, it may tank to near support Levels such as 52.10 / 51.88 / 51.61 . Currently JPYINR is Trading @ 52.32