Friday, February 13, 2015

INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS: 16.Feb.2015

USDINR ( 25-Feb-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 62.19 / 62.09 / 62.01 . And the upperside, it has Strong Resistance @ 62.27 upperside, it may test Resistance Levels such as 62.37 / 62.45 / 62.55 . Currently USDINR is Trading @ 62.30

EURINR ( 25-Feb-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 70.88 / 70.66 / 70.47 . And the upperside, it has Strong Resistance @ 71.07 upperside, it may test Resistance Levels such as 71.29 / 71.48 / 71.70 . Currently EURINR is Trading @ 71.10

GBPINR ( 25-Feb-15 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 96.05 / 96.20 / 96.40 . And the lower side , it has Strong Support @ 95.85 downside, it may tank to near support Levels such as 95.70 / 95.50 / 95.35 . Currently GBPINR is Trading @ 95.90

JPYINR ( 25-Feb-15 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 52.59 / 52.77 / 52.94 . And the lower side , it has Strong Support @ 52.42 downside, it may tank to near support Levels such as 52.25 / 52.08 / 51.90 . Currently JPYINR is Trading @ 52.42