Thursday, July 28, 2016

29.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 67.28 / 67.20 / 67.11 . And the upperside, it has Strong Resistance @ 67.38 upperside, it may test Resistance Levels such as 67.45 / 67.55 / 67.63 . Currently USDINR is Trading @ 67.36 

EURINR ( 29-Aug-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 74.92 / 75.14 / 75.35 . And the lower side , it has Strong Support @ 74.71 downside, it may tank to near support Levels such as 74.48 / 74.28 / 74.05 . Currently EURINR is Trading @ 74.69

GBPINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 88.48 / 88.27 / 87.91 . And the upperside, it has Strong Resistance @ 88.84 upperside, it may test Resistance Levels such as 89.06 / 89.42 / 89.63 . Currently GBPINR is Trading @ 88.70

JPYINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 64.13 / 63.94 / 63.76 . And the upperside, it has Strong Resistance @ 64.31 upperside, it may test Resistance Levels such as 64.49 / 64.67 / 64.86 . Currently JPYINR is Trading @ 64.32