Mtechtips MCX-SX USDINR INTRADAY trading analysis 4-10-2019 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 . Noting point is selling at lower levels seems decreasing. 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 SELL position.Positionally Support for USDINR is 70.81-70.64-70.07-70.06-69.96-.Resistance for the USDINR is 71.5-71.79- 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 LONG position USDINR is in sideways so for short term better buy above 71.745 with stop at 70.625 The oscillator is showing BUY signa WWW.MTECHTIPS.COM 07489294118-119
Published on Oct 4 2019 11:06AM, by MTECHTIPS in Currency| Share This