Thursday, January 28, 2016

29.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 68.63 / 68.71 / 68.86 . And the lower side , it has Strong Support @ 68.48 downside, it may tank to near support Levels such as 68.39 / 68.24 / 68.16 . Currently USDINR is Trading @ 68.55

EURINR ( 25-Feb-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 74.92 / 75.11 / 75.43 . And the lower side , it has Strong Support @ 74.59 downside, it may tank to near support Levels such as 74.40 / 74.08 / 73.89 . Currently EURINR is Trading @ 74.73

GBPINR ( 25-Feb-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 98.37 / 98.71 / 99.20 . And the lower side , it has Strong Support @ 97.88 downside, it may tank to near support Levels such as 97.54 / 97.05 / 96.70 . Currently GBPINR is Trading @ 98.02 


JPYINR ( 25-Feb-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 57.45 / 57.26 / 57.14 . And the upperside, it has Strong Resistance @ 57.57 upperside, it may test Resistance Levels such as 57.76 / 57.88 / 58.07 . Currently JPYINR is Trading @ 57.64