Wednesday, January 27, 2016

28.Jan.2016 - INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS

USDINR ( 25-Feb-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 68.52 / 68.63 / 68.84 . And the lower side , it has Strong Support @ 68.31 downside, it may tank to near support Levels such as 68.20 / 67.99 / 67.88 . Currently USDINR is Trading @ 68.41

EURINR ( 25-Feb-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 74.50 / 74.66 / 74.91 . And the lower side , it has Strong Support @ 74.24 downside, it may tank to near support Levels such as 74.08 / 73.83 / 73.67 . Currently EURINR is Trading @ 74.34

GBPINR ( 25-Feb-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 97.57 / 97.35 / 97.08 . And the upperside, it has Strong Resistance @ 97.83 upperside, it may test Resistance Levels such as 98.06 / 98.32 / 98.54 . Currently GBPINR is Trading @ 97.79

JPYINR ( 25-Feb-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 57.66 / 57.52 / 57.42 . And the upperside, it has Strong Resistance @ 57.76 upperside, it may test Resistance Levels such as 57.89 / 57.99 / 58.13 . Currently JPYINR is Trading @ 57.80