Mtechtips MCX-SX USDINR INTRADAY trading analysis 26-09-2019 Mtechtips- Dollar is strengthening against Indian Rupee in long- medium- term .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 .. 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 Support for USDINR is 70.4-70.04-69.97-69.89-.Resistance for the USDINR is 71.56-71.79-71.93- In medium term Dollar is relatively strengthening against Pound- In long 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 moving sideways so short term investor better to buy if close above 71.4075 closing below 70.72 Sell will happen. The oscillator is showing BUY signal WWW.MTECHTIPS.COM 07489294118-119
Published on Sep 26 2019 11:50AM, by MTECHTIPS in Currency| Share This