Monday, February 8, 2016

9.Feb.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 68.24 / 68.31 / 68.44 . And the lower side , it has Strong Support @ 68.12 downside, it may tank to near support Levels such as 68.04 / 67.92 / 67.85 . Currently USDINR is Trading @ 68.17 

EURINR ( 25-Feb-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 75.52 / 75.33 / 75.01 . And the upperside, it has Strong Resistance @ 75.84 upperside, it may test Resistance Levels such as 76.04 / 76.36 / 76.55 . Currently EURINR is Trading @ 75.72

GBPINR ( 25-Feb-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 97.85 / 97.57 / 97.03 . And the upperside, it has Strong Resistance @ 98.40 upperside, it may test Resistance Levels such as 98.68 / 99.22 / 99.50 . Currently GBPINR is Trading @ 98.13

JPYINR ( 25-Feb-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 58.61 / 58.86 / 59.26 . And the lower side , it has Strong Support @ 58.20 downside, it may tank to near support Levels such as 57.95 / 57.55 / 57.29 . Currently JPYINR is Trading @ 58.35