Thursday, May 12, 2016

13.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 66.72 / 66.63 / 66.56 . And the upperside, it has Strong Resistance @ 66.79 upperside, it may test Resistance Levels such as 66.88 / 66.95 / 67.04 . 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 76.09 / 76.00 / 75.87 . And the upperside, it has Strong Resistance @ 76.22 upperside, it may test Resistance Levels such as 76.31 / 76.43 / 76.53 . Currently EURINR is Trading @ 76.18 

GBPINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 96.95 / 97.17 / 97.50 . And the lower side , it has Strong Support @ 96.62 downside, it may tank to near support Levels such as 96.40 / 96.07 / 95.85 . Currently GBPINR is Trading @ 96.72

JPYINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 61.04 / 60.89 / 60.66 . And the upperside, it has Strong Resistance @ 61.27 upperside, it may test Resistance Levels such as 61.43 / 61.66 / 61.82 . Currently JPYINR is Trading @ 61.20