Thursday, December 4, 2014

INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS: 5.Dec.2014


USDINR ( 29-Dec-14 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 62.17 / 62.12 / 62.09 . And the upperside, it has Strong Resistance @ 62.21 upperside, it may test Resistance Levels such as 62.26 / 62.29 / 62.34 . Currently USDINR is Trading @ 62.23

EURINR ( 29-Dec-14 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 76.73 / 76.80 / 76.92 . And the lower side , it has Strong Support @ 76.61 downside, it may tank to near support Levels such as 76.53 / 76.42 / 76.34 . Currently EURINR is Trading @ 76.65

GBPINR ( 29-Dec-14 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 97.66 / 97.78 / 97.92 . And the lower side , it has Strong Support @ 97.52 downside, it may tank to near support Levels such as 97.40 / 97.27 / 97.15 . Currently GBPINR is Trading @ 97.54


JPYINR ( 29-Dec-14 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 51.88 / 51.82 / 51.79 . And the upperside, it has Strong Resistance @ 51.91 upperside, it may test Resistance Levels such as 51.97 / 52.00 / 52.06 . Currently JPYINR is Trading @ 51.94