Monday, August 22, 2016

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


USDINR ( 29-Aug-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 67.33 / 67.38 / 67.44 . And the lower side , it has Strong Support @ 67.27 downside, it may tank to near support Levels such as 67.21 / 67.15 / 67.10 . Currently USDINR is Trading @ 67.27 

EURINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 75.85 / 75.70 / 75.63 . And the upperside, it has Strong Resistance @ 75.92 upperside, it may test Resistance Levels such as 76.07 / 76.14 / 76.29 . Currently EURINR is Trading @ 75.99 

GBPINR ( 29-Aug-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 88.38 / 88.60 / 88.95 . And the lower side , it has Strong Support @ 88.03 downside, it may tank to near support Levels such as 87.81 / 87.46 / 87.24 . Currently GBPINR is Trading @ 88.17

JPYINR ( 29-Aug-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 66.96 / 67.06 / 67.23 . And the lower side , it has Strong Support @ 66.79 downside, it may tank to near support Levels such as 66.68 / 66.51 / 66.41 . Currently JPYINR is Trading @ 66.85