Monday, August 8, 2016

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

USDINR ( 29-Aug-16 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 67.11 / 67.16 / 67.25 . And the lower side , it has Strong Support @ 67.02 downside, it may tank to near support Levels such as 66.97 / 66.88 / 66.82 . Currently USDINR is Trading @ 67.05 

EURINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 74.23 / 74.10 / 73.93 . And the upperside, it has Strong Resistance @ 74.41 upperside, it may test Resistance Levels such as 74.53 / 74.71 / 74.84 . Currently EURINR is Trading @ 74.36

GBPINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 87.38 / 87.15 / 86.94 . And the upperside, it has Strong Resistance @ 87.59 upperside, it may test Resistance Levels such as 87.82 / 88.03 / 88.26 . Currently GBPINR is Trading @ 87.61

JPYINR ( 29-Aug-16 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 65.27 / 65.03 / 64.61 . And the upperside, it has Strong Resistance @ 65.68 upperside, it may test Resistance Levels such as 65.93 / 66.34 / 66.58 . Currently JPYINR is Trading @ 65.51