Thursday, March 31, 2016

4.Apr2016 - INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS


USDINR ( 27-Apr-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 66.40 / 66.30 / 66.18 . And the upperside, it has Strong Resistance @ 66.52 upperside, it may test Resistance Levels such as 66.61 / 66.74 / 66.83 . Currently USDINR is Trading @ 66.49 

EURINR ( 27-Apr-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 75.90 / 76.09 / 76.38 . And the lower side , it has Strong Support @ 75.60 downside, it may tank to near support Levels such as 75.41 / 75.12 / 74.93 . Currently EURINR is Trading @ 75.71

GBPINR ( 27-Apr-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 96.07 / 96.33 / 96.70 . And the lower side , it has Strong Support @ 95.70 downside, it may tank to near support Levels such as 95.44 / 95.07 / 94.81 . Currently GBPINR is Trading @ 95.82

JPYINR ( 27-Apr-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 59.08 / 58.93 / 58.78 . And the upperside, it has Strong Resistance @ 59.23 upperside, it may test Resistance Levels such as 59.38 / 59.53 / 59.67 . Currently JPYINR is Trading @ 59.23