Mtechtips MCX-SX USDINR INTRADAY trading analysis 16-04-2019 Mtechtips Dollar is weakening against Indian Rupee .Currently Dollar is in strong uptrend but volume is unsatisfactory 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 BUY signal For short term Dollar is in HOLD LONG position.Positionally Support for USDINR is 69.1-69.09-69.05-.Resistance for the USDINR is 70.58-70.71-70.85-71.08- In medium term Dollar is relatively strengthening against Pound- In long term Dollar is relatively strengthening against Yen- Pound- Short term and Intraday Level of Dollar with Rupee Last few days JPYINR is moving down Currently USDINR is in HOLD SHORT position USDINR is showing some Up momentum So buy above 69.486 with stop at 69.005 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 69.849 with a stop at 69.291 Below 69.191 go for sell and put stop at 69.749 WWW.MTECHTIPS.COM 07489294118-119
Published on Apr 16 2019 10:29AM, by MTECHTIPS in Currency| Share This