Mtechtips MCX-SX USDINR INTRADAY trading analysis 16-07-2018 Mtechtips Dollar is strengthening against Indian Rupee in long- medium- short-medium- term .Currently Dollar is in strong uptrend and the trend is supported with good volume 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 on SELL signal and USDINR is coming down from overbought level For short term Dollar is in HOLD LONG position.Positionally Support for USDINR is 68.06-67.71-66.94-66.38-65.36-.Resistance for the USDINR is 68.95-69.18- Short term and Intraday Level of Dollar with Rupee Last few days JPYINR is moving down Currently USDINR is in HOLD SHORT position The USDINR is in downtrend For short term buy only if close above 68.946 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 68.988 with a stop at 68.433 Below 68.343 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Jul 16 2018 10:48AM, by MTECHTIPS in Currency| Share This