Friday, August 12, 2016

16.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 66.95 / 66.88 / 66.84 . And the upperside, it has Strong Resistance @ 66.99 upperside, it may test Resistance Levels such as 67.06 / 67.10 / 67.17 . Currently USDINR is Trading @ 67.02 

EURINR ( 29-Aug-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 74.83 / 74.91 / 75.04 . And the lower side , it has Strong Support @ 74.70 downside, it may tank to near support Levels such as 74.62 / 74.49 / 74.41 . Currently EURINR is Trading @ 74.75

GBPINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 86.78 / 86.64 / 86.54 . And the upperside, it has Strong Resistance @ 86.88 upperside, it may test Resistance Levels such as 87.03 / 87.13 / 87.27 . Currently GBPINR is Trading @ 86.92

JPYINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 65.49 / 65.31 / 65.09 . And the upperside, it has Strong Resistance @ 65.72 upperside, it may test Resistance Levels such as 65.90 / 66.13 / 66.31 . Currently JPYINR is Trading @ 65.67