Saturday, July 30, 2016

1.Aug.2016 - INDIAN CURRENCY INTRADAY SUPPORT RESISTANCE LEVELS

USDINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 67.23 / 67.18 / 67.08 . And the upperside, it has Strong Resistance @ 67.33 upperside, it may test Resistance Levels such as 67.39 / 67.48 / 67.54 . Currently USDINR is Trading @ 67.29 

EURINR ( 29-Aug-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 74.94 / 75.07 / 75.24 . And the lower side , it has Strong Support @ 74.77 downside, it may tank to near support Levels such as 74.65 / 74.48 / 74.35 . Currently EURINR is Trading @ 74.82

GBPINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 88.57 / 88.41 / 88.18 . And the upperside, it has Strong Resistance @ 88.80 upperside, it may test Resistance Levels such as 88.96 / 89.19 / 89.35 . Currently GBPINR is Trading @ 88.73

JPYINR ( 29-Aug-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 65.79 / 66.47 / 67.47 . And the lower side , it has Strong Support @ 64.79 downside, it may tank to near support Levels such as 64.11 / 63.11 / 62.43 . Currently JPYINR is Trading @ 65.10