Wednesday, May 25, 2016

26.May.2016 - INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS

USDINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 67.29 / 67.18 / 66.99 . And the upperside, it has Strong Resistance @ 67.48 upperside, it may test Resistance Levels such as 67.58 / 67.77 / 67.88 . Currently USDINR is Trading @ 67.39

EURINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 74.97 / 74.80 / 74.44 . And the upperside, it has Strong Resistance @ 75.33 upperside, it may test Resistance Levels such as 75.50 / 75.86 / 76.03 . Currently EURINR is Trading @ 75.15 

GBPINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 99.20 / 99.43 / 99.80 . And the lower side , it has Strong Support @ 98.82 downside, it may tank to near support Levels such as 98.59 / 98.22 / 97.99 . Currently GBPINR is Trading @ 98.96

JPYINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 60.99 / 60.81 / 60.49 . And the upperside, it has Strong Resistance @ 61.31 upperside, it may test Resistance Levels such as 61.50 / 61.82 / 62.01 . Currently JPYINR is Trading @ 61.18