Friday, May 13, 2016

16.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 67.00 / 67.06 / 67.13 . And the lower side , it has Strong Support @ 66.93 downside, it may tank to near support Levels such as 66.87 / 66.80 / 66.73 . Currently USDINR is Trading @ 66.94 

EURINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 75.86 / 75.72 / 75.56 . And the upperside, it has Strong Resistance @ 76.03 upperside, it may test Resistance Levels such as 76.17 / 76.34 / 76.48 . Currently EURINR is Trading @ 76.01

GBPINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 96.68 / 96.85 / 97.04 . And the lower side , it has Strong Support @ 96.50 downside, it may tank to near support Levels such as 96.33 / 96.14 / 95.97 . Currently GBPINR is Trading @ 96.52

JPYINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 61.61 / 61.76 / 61.84 . And the lower side , it has Strong Support @ 61.53 downside, it may tank to near support Levels such as 61.38 / 61.30 / 61.15 . Currently JPYINR is Trading @ 61.47