Wednesday, May 18, 2016

19.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 67.15 / 67.21 / 67.29 . And the lower side , it has Strong Support @ 67.07 downside, it may tank to near support Levels such as 67.01 / 66.93 / 66.88 . Currently USDINR is Trading @ 67.10

EURINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 75.84 / 75.95 / 76.12 . And the lower side , it has Strong Support @ 75.67 downside, it may tank to near support Levels such as 75.57 / 75.40 / 75.29 . Currently EURINR is Trading @ 75.74

GBPINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 97.81 / 98.15 / 98.74 . And the lower side , it has Strong Support @ 97.22 downside, it may tank to near support Levels such as 96.88 / 96.29 / 95.95 . Currently GBPINR is Trading @ 97.48 

JPYINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 61.20 / 61.04 / 60.89 . And the upperside, it has Strong Resistance @ 61.36 upperside, it may test Resistance Levels such as 61.52 / 61.67 / 61.83 . Currently JPYINR is Trading @ 61.37