Wednesday, January 6, 2016

7.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 67.11 / 67.18 / 67.30 . And the lower side , it has Strong Support @ 66.99 downside, it may tank to near support Levels such as 66.92 / 66.80 / 66.73 . Currently USDINR is Trading @ 67.05 

EURINR ( 27-Jan-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 71.91 / 71.69 / 71.58 . And the upperside, it has Strong Resistance @ 72.02 upperside, it may test Resistance Levels such as 72.24 / 72.35 / 72.57 . Currently EURINR is Trading @ 72.13

GBPINR ( 27-Jan-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 98.07 / 97.86 / 97.73 . And the upperside, it has Strong Resistance @ 98.19 upperside, it may test Resistance Levels such as 98.40 / 98.53 / 98.74 . Currently GBPINR is Trading @ 98.28

JPYINR ( 27-Jan-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 56.78 / 56.91 / 57.16 . And the lower side , it has Strong Support @ 56.53 downside, it may tank to near support Levels such as 56.41 / 56.16 / 56.03 . Currently JPYINR is Trading @ 56.66