Mtechtips MCX-SX USDINR INTRADAY trading analysis 17-10-2017 Mtechtips The Dollar is strengthening against Indian Rupee in long- medium- term .Currently Dollar is showing some down move and trend is strong momentum is also showing strength but volume is unsatisfactory The open interest is not increasing with trend . Caution note 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 SELL signal For short term Dollar is in HOLD SHORT position.Positionally Support for USDINR is 64.3-64.27-.Resistance for the USDINR is 65.23-65.57-65.66-65.73- In medium term Dollar is relatively strengthening against Pound- In long term Dollar is relatively strengthening against Yen- Euro- Pound- Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD SHORT position The USDINR is in downtrend For short term buy only if close above 65.075 The USDINR is now trading is approaching oversold level. The USDINR is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 65.08 with a stop at 64.621 Below 64.551 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Oct 17 2017 11:06AM, by MTECHTIPS in Currency| Share This