Monday, May 9, 2016

10.May.2016 - INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS

USDINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 66.89 / 66.96 / 67.10 . And the lower side , it has Strong Support @ 66.75 downside, it may tank to near support Levels such as 66.68 / 66.54 / 66.47 . Currently USDINR is Trading @ 66.81 

EURINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 75.96 / 75.84 / 75.74 . And the upperside, it has Strong Resistance @ 76.06 upperside, it may test Resistance Levels such as 76.18 / 76.28 / 76.39 . Currently EURINR is Trading @ 76.08

GBPINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 96.07 / 95.70 / 95.45 . And the upperside, it has Strong Resistance @ 96.32 upperside, it may test Resistance Levels such as 96.68 / 96.93 / 97.30 . Currently GBPINR is Trading @ 96.44

JPYINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 61.45 / 61.23 / 60.81 . And the upperside, it has Strong Resistance @ 61.87 upperside, it may test Resistance Levels such as 62.09 / 62.51 / 62.73 . Currently JPYINR is Trading @ 61.66