Monday, May 30, 2016

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

USDINR ( 28-Jun-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 67.41 / 67.33 / 67.18 . And the upperside, it has Strong Resistance @ 67.56 upperside, it may test Resistance Levels such as 67.63 / 67.78 / 67.86 . Currently USDINR is Trading @ 67.49

EURINR ( 28-Jun-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 75.43 / 75.59 / 75.75 . And the lower side , it has Strong Support @ 75.27 downside, it may tank to near support Levels such as 75.11 / 74.95 / 74.79 . Currently EURINR is Trading @ 75.27

GBPINR ( 28-Jun-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 98.42 / 98.28 / 98.02 . And the upperside, it has Strong Resistance @ 98.69 upperside, it may test Resistance Levels such as 98.83 / 99.09 / 99.23 . Currently GBPINR is Trading @ 98.56

JPYINR ( 28-Jun-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 60.67 / 60.52 / 60.31 . And the upperside, it has Strong Resistance @ 60.88 upperside, it may test Resistance Levels such as 61.03 / 61.24 / 61.39 . Currently JPYINR is Trading @ 60.81