Thursday, May 7, 2015

FREE CURRENCY SUPPORT AND RESISTANCE LEVELS : 08.05.2015


USDINR ( 27-May-15 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 65.03 / 65.55 / 66.55 . And the lower side , it has Strong Support @ 64.04 downside, it may tank to near support Levels such as 63.51 / 62.52 / 62.00 . Currently USDINR is Trading @ 64.51 

EURINR ( 27-May-15 ) Enters in to Sell Zone and it is showing weakness. It is expected to test near Support levels 72.38 / 71.73 / 71.21 . And the upperside, it has Strong Resistance @ 72.91 upperside, it may test Resistance Levels such as 73.56 / 74.09 / 74.74 . Currently EURINR is Trading @ 73.03

GBPINR ( 27-May-15 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 98.52 / 98.95 / 99.61 . And the lower side , it has Strong Support @ 97.87 downside, it may tank to near support Levels such as 97.43 / 96.78 / 96.35 . Currently GBPINR is Trading @ 98.09

JPYINR ( 27-May-15 ) Enters in to Buy Zone and it is showing Strength. It is expected to test Resistance levels 54.38 / 54.69 / 55.17 . And the lower side , it has Strong Support @ 53.90 downside, it may tank to near support Levels such as 53.59 / 53.11 / 52.80 . Currently JPYINR is Trading @ 54.08