Tuesday, May 17, 2016

18.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 67.09 / 67.16 / 67.30 . And the lower side , it has Strong Support @ 66.95 downside, it may tank to near support Levels such as 66.88 / 66.74 / 66.67 . Currently USDINR is Trading @ 67.02

EURINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 75.67 / 75.48 / 75.33 . And the upperside, it has Strong Resistance @ 75.83 upperside, it may test Resistance Levels such as 76.02 / 76.18 / 76.37 . Currently EURINR is Trading @ 75.86

GBPINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 97.14 / 97.29 / 97.49 . And the lower side , it has Strong Support @ 96.94 downside, it may tank to near support Levels such as 96.79 / 96.59 / 96.44 . Currently GBPINR is Trading @ 96.99

JPYINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 61.00 / 60.78 / 60.56 . And the upperside, it has Strong Resistance @ 61.22 upperside, it may test Resistance Levels such as 61.43 / 61.65 / 61.87 . Currently JPYINR is Trading @ 61.21