Wednesday, July 27, 2016

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

USDINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 67.44 / 67.37 / 67.25 . And the upperside, it has Strong Resistance @ 67.57 upperside, it may test Resistance Levels such as 67.63 / 67.76 / 67.82 . Currently USDINR is Trading @ 67.51

EURINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 74.13 / 73.98 / 73.76 . And the upperside, it has Strong Resistance @ 74.35 upperside, it may test Resistance Levels such as 74.50 / 74.72 / 74.87 . Currently EURINR is Trading @ 74.28

GBPINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 88.31 / 88.08 / 87.77 . And the upperside, it has Strong Resistance @ 88.63 upperside, it may test Resistance Levels such as 88.86 / 89.17 / 89.40 . Currently GBPINR is Trading @ 88.54 

JPYINR ( 29-Aug-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 64.33 / 64.67 / 65.01 . And the lower side , it has Strong Support @ 63.99 downside, it may tank to near support Levels such as 63.65 / 63.31 / 62.97 . Currently JPYINR is Trading @ 63.99