Saturday, May 7, 2016

9.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 66.77 / 66.73 / 66.68 . And the upperside, it has Strong Resistance @ 66.82 upperside, it may test Resistance Levels such as 66.86 / 66.92 / 66.96 . Currently USDINR is Trading @ 66.81

EURINR ( 27-May-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 76.23 / 76.10 / 76.01 . And the upperside, it has Strong Resistance @ 76.31 upperside, it may test Resistance Levels such as 76.44 / 76.53 / 76.66 . Currently EURINR is Trading @ 76.36 

GBPINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 97.07 / 97.25 / 97.47 . And the lower side , it has Strong Support @ 96.85 downside, it may tank to near support Levels such as 96.67 / 96.45 / 96.28 . Currently GBPINR is Trading @ 96.89

JPYINR ( 27-May-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 62.56 / 62.68 / 62.82 . And the lower side , it has Strong Support @ 62.43 downside, it may tank to near support Levels such as 62.31 / 62.17 / 62.05 . Currently JPYINR is Trading @ 62.44