Mtechtips MCX-SX USDINR INTRADAY trading analysis 17-06-2019 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 BUY signal but has moved past its recent high. 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 SHORT position.Positionally Support for USDINR is 69.58-69.57-69.45-69.39-69.33-.Resistance for the USDINR is 70.5-71.3- In medium term Dollar is relatively strengthening against Yen- In long term Dollar is relatively strengthening against Yen- Short term and Intraday Level of Dollar with Rupee Last few days JPYINR is moving down USDINR is in sideways and sellers was at high so for short term better buy above 70.19 or hold with stop at 69.39 The next resistance will be at 69.895 The USDINR is now trading is approaching overbought level. The USDINR is now trading is approaching overbought level. The oscillator is on SELL signal and USDINR is coming down from overbought level WWW.MTECHTIPS.COM 07489294118-119
Published on Jun 17 2019 10:27AM, by MTECHTIPS in Currency| Share This