Mtechtips MCX-SX USDINR INTRADAY trading analysis 24-05-2018 Mtechtips Dollar is Strongly strengthening against Indian Rupee .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 overbought level. The USDINR is now trading in overbought level. The oscillator is showing SELL signal For short term Dollar is in HOLD LONG position.Positionally Support for USDINR is 67.65-67.4-66.87-65.9-65.37-64.93-64.66-. Immediate resistance for USDINR is 68.76 In long term Dollar is relatively strengthening against Yen- Pound- Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD LONG position In short term USDINR is in strong up trend so hold with stop at 68.085 The USDINR is now trading is approaching overbought level. The USDINR is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 68.817 with a stop at 68.213 Below 68.104 go for sell with a stop at 68.707 WWW.MTECHTIPS.COM 07489294118-119
Published on May 24 2018 10:59AM, by MTECHTIPS in Currency| Share This