Monday, May 16, 2016

17.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 67.07 / 67.18 / 67.29 . And the lower side , it has Strong Support @ 66.97 downside, it may tank to near support Levels such as 66.86 / 66.75 / 66.64 . Currently USDINR is Trading @ 66.96 

EURINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 75.69 / 75.56 / 75.42 . And the upperside, it has Strong Resistance @ 75.83 upperside, it may test Resistance Levels such as 75.96 / 76.10 / 76.23 . Currently EURINR is Trading @ 75.82

GBPINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 95.98 / 95.72 / 95.49 . And the upperside, it has Strong Resistance @ 96.21 upperside, it may test Resistance Levels such as 96.47 / 96.70 / 96.96 . Currently GBPINR is Trading @ 96.24

JPYINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 61.64 / 61.79 / 61.90 . And the lower side , it has Strong Support @ 61.53 downside, it may tank to near support Levels such as 61.38 / 61.27 / 61.12 . Currently JPYINR is Trading @ 61.50