Mtechtips MCX-SX USDINR INTRADAY trading analysis 21-06-2018 Mtechtips Dollar is Strongly strengthening against Indian Rupee .Currently Dollar is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Dollar. 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 67.55-67.51-67.38-66.92-66.24-65.69-65.02-. Immediate resistance for USDINR is 68.71 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 68.042 The USDINR is now trading is approaching overbought level. The USDINR is now trading is approaching overbought level. The oscillator is on SELL signal and USDINR is coming down from overbought level Intraday Trend- Buy is advised above 68.487 with a stop at 67.884 Below 67.774 go for sell with a stop at 68.376 WWW.MTECHTIPS.COM 07489294118-119
Published on Jun 21 2018 10:58AM, by MTECHTIPS in Currency| Share This