Monday, August 1, 2016

2.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 66.97 / 66.91 / 66.85 . And the upperside, it has Strong Resistance @ 67.03 upperside, it may test Resistance Levels such as 67.09 / 67.15 / 67.21 . Currently USDINR is Trading @ 67.03

EURINR ( 29-Aug-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 74.95 / 75.06 / 75.11 . And the lower side , it has Strong Support @ 74.90 downside, it may tank to near support Levels such as 74.80 / 74.74 / 74.64 . Currently EURINR is Trading @ 74.85

GBPINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 88.16 / 87.95 / 87.56 . And the upperside, it has Strong Resistance @ 88.56 upperside, it may test Resistance Levels such as 88.77 / 89.16 / 89.37 . Currently GBPINR is Trading @ 88.37

JPYINR ( 29-Aug-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 65.63 / 65.75 / 65.92 . And the lower side , it has Strong Support @ 65.46 downside, it may tank to near support Levels such as 65.34 / 65.17 / 65.05 . Currently JPYINR is Trading @ 65.51