Mtechtips MCX-SX USDINR INTRADAY trading analysis 13-12-2017 Mtechtips Dollar is weakening against Indian Rupee .Currently Dollar is in strong downtrend but volume is unsatisfactory 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 BUY signal For short term Dollar is in HOLD SHORT position.Positionally Immediate support for USDINR is 64.14.Resistance for the USDINR is 64.83-64.89-64.93-65.08-65.14-65.15-65.27- In medium term Dollar is relatively strengthening against Yen- Euro- Pound- In long term Dollar is relatively strengthening against Pound- Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD SHORT position USDINR is in sideways so for short term better buy above 64.7125 with stop at 64.415 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 64.729 with a stop at 64.341 Below 64.301 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Dec 13 2017 10:14AM, by MTECHTIPS in Currency| Share This