Mtechtips MCX-SX USDINR INTRADAY trading analysis 24-06-2019
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 above70.35 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 69.93-69.98-70.01-70.03-70.05-70.42-71.29- 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 Last few days JPYINR is moving down Currently USDINR is in HOLD SHORT position The USDINR is in downtrend For short term buy only if close above 69.768 The oscillator is showing SELL signal
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Published on
Jun 24 2019 10:18AM, by
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