Mtechtips MCX-SX USDINR INTRADAY trading analysis 18-10-2019

Mtechtips MCX-SX USDINR INTRADAY trading analysis 18-10-2019 Mtechtips- Dollar is strengthening against Indian Rupee in long- short- term .Currently Dollar is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer 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 HOLD LONG position.Positionally Support for USDINR is 70.91-70.26-70.05-.Resistance for the USDINR is 71.55-71.62- 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 moving sideways so short term investor better to buy only above 71.78 with stop at 70.87 The oscillator is showing BUY signal Currently USDINR is in HOLD LONG position USD WWW.MTECHTIPS.COM 07489294118-119
Published on Oct 18 2019 11:36AM, by MTECHTIPS in Commodity tips| Share This




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