Mtechtips MCX-SX USDINR INTRADAY trading analysis 23-05-2019 Mtechtips Dollar is weakening against Indian Rupee .Currently Dollar is moving sideways The USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the USDINR above 70.95 or buy with strict stop at 69.14. 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 69.38-.Resistance for the USDINR is 70.17-70.26-70.43-70.49-70.59-71.24- In medium term Dollar is relatively strengthening against Yen- In long term Dollar is relatively strengthening against Pound- Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD SHORT position USDINR is showing some Up momentum So buy above 69.842 with stop at 69.4575 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 69.97 with a stop at 69.541 Below 69.491 go for sell and put stop at 69.92 WWW.MTECHTIPS.COM 07489294118-119
Published on May 23 2019 10:29AM, by MTECHTIPS in Currency| Share This