Friday, May 20, 2016

23.May.2016 - INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS

USDINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 67.63 / 67.72 / 67.84 . And the lower side , it has Strong Support @ 67.51 downside, it may tank to near support Levels such as 67.42 / 67.30 / 67.21 . Currently USDINR is Trading @ 67.54

EURINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 75.98 / 76.14 / 76.36 . And the lower side , it has Strong Support @ 75.76 downside, it may tank to near support Levels such as 75.60 / 75.38 / 75.22 . Currently EURINR is Trading @ 75.82 

GBPINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 98.20 / 98.03 / 97.83 . And the upperside, it has Strong Resistance @ 98.40 upperside, it may test Resistance Levels such as 98.58 / 98.77 / 98.95 . Currently GBPINR is Trading @ 98.38

JPYINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 61.15 / 61.06 / 60.91 . And the upperside, it has Strong Resistance @ 61.30 upperside, it may test Resistance Levels such as 61.39 / 61.54 / 61.63 . Currently JPYINR is Trading @ 61.24