USDINR has intraday support at 53.20: Nirmal Bang

Nirmal Bang has come out with its technical report on currency. According to the research firm, USDINR has intraday support at 53.20 and resistance is at 53.80. Expected intraday range is 53.20–53.60.

USDINR has given a gap up opening & can give a rise even upto 53.60 but selling on rise is recommended for the day. It has an intraday support at 53.20 and resistance is at 53.80. Expected intraday range is 53.20–53.60.

EURUSD may give a dip upto 1.3390 but buying on dips is recommended for the day. It has an intraday support at 1.3340 and resistance at 1.3490. Expected intraday range is 1.3390-1.3490.

GBPUSD can give a dip even upto 1.5690 but can be bought on dips for the day. It has an intraday support at 1.5635 and resistance at 1.5800. Expected intraday range is 1.5690-1.5800.

USDJPY can give a dip even upto 93.25 but buying on dips is recommended for the day. A good intraday support is at 92.75 and resistance at 94.25. Expected intraday range is 93.25–94.25.

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