Mtechtips MCX-SX USDINR INTRADAY trading analysis 21-06-2019 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 .In last 1 month volatality is very less and fresh Buy can be considered in the USDINR if it close above70.39 or buy with strict stop at 68.92. 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 Immediate support for USDINR is 68.92.Resistance for the USDINR is 69.96-69.98-70.03-70.05-70.44-71.29-In medium term Dollar is relatively strengthening against Yen- Euro- In long term Dollar is relatively strengthening against Yen- Short term and Intraday Level of Dollar with Rupee USDINR and closed below 1 week low with volume signals down breakout USDINR has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below69.201 Buy if above 70.0275 The oscillator is showing SELL signal WWW.MTECHTIPS.COM 07489294118-119
Published on Jun 21 2019 10:27AM, by MTECHTIPS in Currency| Share This