Wednesday, May 4, 2016

5.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 66.95 / 67.05 / 67.13 . And the lower side , it has Strong Support @ 66.87 downside, it may tank to near support Levels such as 66.78 / 66.70 / 66.60 . Currently USDINR is Trading @ 66.86 

EURINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 76.73 / 76.59 / 76.48 . And the upperside, it has Strong Resistance @ 76.84 upperside, it may test Resistance Levels such as 76.98 / 77.09 / 77.23 . Currently EURINR is Trading @ 76.87

GBPINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 96.69 / 96.46 / 96.14 . And the upperside, it has Strong Resistance @ 97.00 upperside, it may test Resistance Levels such as 97.23 / 97.55 / 97.77 . Currently GBPINR is Trading @ 96.91

JPYINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 62.74 / 62.87 / 63.10 . And the lower side , it has Strong Support @ 62.52 downside, it may tank to near support Levels such as 62.39 / 62.17 / 62.04 . Currently JPYINR is Trading @ 62.61