Wednesday, May 11, 2016

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

USDINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 66.68 / 66.58 / 66.38 . And the upperside, it has Strong Resistance @ 66.87 upperside, it may test Resistance Levels such as 66.97 / 67.16 / 67.26 . Currently USDINR is Trading @ 66.78

EURINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 76.06 / 75.98 / 75.83 . And the upperside, it has Strong Resistance @ 76.21 upperside, it may test Resistance Levels such as 76.29 / 76.44 / 76.52 . Currently EURINR is Trading @ 76.15

GBPINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 96.17 / 95.92 / 95.54 . And the upperside, it has Strong Resistance @ 96.55 upperside, it may test Resistance Levels such as 96.80 / 97.18 / 97.43 . Currently GBPINR is Trading @ 96.42

JPYINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 61.34 / 61.26 / 61.10 . And the upperside, it has Strong Resistance @ 61.50 upperside, it may test Resistance Levels such as 61.58 / 61.74 / 61.82 . Currently JPYINR is Trading @ 61.43