Mtechtips MCX-SX USDINR INTRADAY trading analysis 23-08-2019 Mtechtips- Dollar is Strongly strengthening against Indian Rupee .Currently Dollar is in strong uptrend and the trend is supported with good volume 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 BUY signal For short term Dollar is in HOLD LONG position.Positionally Support for USDINR is 71.05-70.59-70.15-69.81-69.47-69.41-. Immediate resistance for USDINR is 72.29 In medium term Dollar is relatively strengthening against Yen- In long term Dollar is relatively strengthening against Yen- Euro- Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD LONG position USDINR has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 72.224 with stop at 71.135 The USDINR is now trading in highly overbought level. The USDINR is now trading in highly overbought level. The oscillator is showing BUY signal WWW.MTECHTIPS.COM 07489294118-119
Published on Aug 23 2019 10:27AM, by MTECHTIPS in Currency| Share This