Mtechtips MCX-SX USDINR INTRADAY trading analysis 10-06-2019 Mtechtips-The Dollar is weakening against Indian Rupee .Currently Dollar is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Dollar. 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 SELL position.Positionally Immediate support for USDINR is 68.92.Resistance for the USDINR is 69.94-69.96-70.03-70.15-70.22-70.55-71.28- In medium term Dollar is relatively strengthening against Yen- 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 69.563 with stop at 69.195 The oscillator is showing SELL signal WWW.MTECHTIPS.COM 07489294118-119
Published on Jun 10 2019 10:20AM, by MTECHTIPS in Currency| Share This