Monday, May 23, 2016

24.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 67.66 / 67.75 / 67.92 . And the lower side , it has Strong Support @ 67.49 downside, it may tank to near support Levels such as 67.39 / 67.22 / 67.12 . Currently USDINR is Trading @ 67.56

EURINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 75.88 / 75.98 / 76.14 . And the lower side , it has Strong Support @ 75.72 downside, it may tank to near support Levels such as 75.62 / 75.46 / 75.36 . Currently EURINR is Trading @ 75.77 

GBPINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 97.56 / 97.37 / 97.11 . And the upperside, it has Strong Resistance @ 97.82 upperside, it may test Resistance Levels such as 98.01 / 98.27 / 98.46 . Currently GBPINR is Trading @ 97.75

JPYINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 61.96 / 62.14 / 62.47 . And the lower side , it has Strong Support @ 61.64 downside, it may tank to near support Levels such as 61.46 / 61.14 / 60.96 . Currently JPYINR is Trading @ 61.78