Mtechtips MCX-SX USDINR INTRADAY trading analysis 15-12-2017 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 64.06.Resistance for the USDINR is 64.82-64.83-64.93-65.09-65.1-65.11-65.23- 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 Rupe Currently USDINR is in HOLD SHORT position The USDINR is in downtrend For short term buy only if close above 64.565 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 64.659 with a stop at 64.231 Below 64.171 go for sell and put stop at 64.599 WWW.MTECHTIPS.COM 07489294118-119
Published on Dec 15 2017 10:13AM, by MTECHTIPS in Currency| Share This