Mtechtips MCX-SX USDINR INTRADAY trading analysis 24-08-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 24-08-2017 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 above64.66 or buy with strict stop at 63.49. 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 63.82-.Resistance for the USDINR is 64.39-64.46-64.69-64.74-64.79-66.28-In medium term Dollar is relatively strengthening against Yen- Euro- Pound- In long term Dollar is relatively strengthening against Euro- Pound- Short term and Intraday Level of Dollar with RupeeUSDINR is showing some Up momentum So buy above 64.183 with stop at 64.065 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 64.318 with a stop at 63.972 Below 63.942 go for sell and put stop at 64.288 WWW.MTECHTIPS.COM 07489294118-119
Published on Aug 24 2017 11:36AM, by MTECHTIPS in Currency| Share This




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