Wednesday, January 20, 2016

21.Jan.2016 - INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS

USDINR ( 27-Jan-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 68.23 / 68.42 / 68.61 . And the lower side , it has Strong Support @ 68.04 downside, it may tank to near support Levels such as 67.84 / 67.65 / 67.46 . Currently USDINR is Trading @ 68.03 

EURINR ( 27-Jan-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 73.98 / 73.75 / 73.34 . And the upperside, it has Strong Resistance @ 74.38 upperside, it may test Resistance Levels such as 74.61 / 75.02 / 75.25 . Currently EURINR is Trading @ 74.21

GBPINR ( 27-Jan-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 96.62 / 96.93 / 97.24 . And the lower side , it has Strong Support @ 96.31 downside, it may tank to near support Levels such as 96.00 / 95.69 / 95.38 . Currently GBPINR is Trading @ 96.31

JPYINR ( 27-Jan-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 58.93 / 59.56 / 60.14 . And the lower side , it has Strong Support @ 58.35 downside, it may tank to near support Levels such as 57.72 / 57.14 / 56.51 . Currently JPYINR is Trading @ 58.29