Tuesday, May 10, 2016

11.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 66.97 / 67.05 / 67.13 . And the lower side , it has Strong Support @ 66.89 downside, it may tank to near support Levels such as 66.82 / 66.74 / 66.66 . Currently USDINR is Trading @ 66.89

EURINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 75.97 / 75.83 / 75.68 . And the upperside, it has Strong Resistance @ 76.11 upperside, it may test Resistance Levels such as 76.25 / 76.40 / 76.54 . Currently EURINR is Trading @ 76.11

GBPINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 96.90 / 97.23 / 97.50 . And the lower side , it has Strong Support @ 96.62 downside, it may tank to near support Levels such as 96.29 / 96.02 / 95.69 . Currently GBPINR is Trading @ 96.57

JPYINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 61.15 / 60.95 / 60.72 . And the upperside, it has Strong Resistance @ 61.38 upperside, it may test Resistance Levels such as 61.58 / 61.82 / 62.01 . Currently JPYINR is Trading @ 61.35