Mtechtips MCX-SX USDINR INTRADAY trading analysis 27-05-2019 Mtechtips Trend updated for-May/27/2019.CMP-69.55 The Dollar is weakening against Indian Rupee.Currently Dollar is showing some down move and trend is strong 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 SELL signal For short term Dollar is in HOLD SHORT position.Positionally Immediate support for USDINR is 69.12.Resistance for the USDINR is 69.92-70.19-70.29-70.38-70.45-70.58-71.24-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 RupeeCurrently USDINR is in HOLD SHORT position USDINR is moving sideways so short term investor better to buy only above 70.05 or hold with stop at 69.395 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 70.05 with a stop at 69.231 Below 69.052 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on May 27 2019 10:58AM, by MTECHTIPS in Currency| Share This