Mtechtips MCX-SX USDINR INTRADAY trading analysis 18-02-2019 Mtechtips Dollar is weakening against Indian Rupee .Currently Dollar is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing SELL signal For short term Dollar is in HOLD SHORT position.Positionally Support for USDINR is 71-70.7-70.07-.Resistance for the USDINR is 71.6-71.66-71.69-72.12- In medium term Dollar is relatively strengthening against Pound- In long term Dollar is relatively strengthening against Yen- Short term and Intraday Level of Dollar with Rupee Last few days GBPINR is moving down Currently USDINR is in HOLD SHORT position USDINR is moving sideways so short term investor better to buy only above 71.52 or hold with stop at 70.5275 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 71.613 with a stop at 71.098 Below 71.018 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Feb 18 2019 10:27AM, by MTECHTIPS in Currency| Share This