Mtechtips MCX-SX USDINR INTRADAY trading analysis 17-09-2018 Mtechtips Dollar is strengthening against Indian Rupee in long- medium- short-medium- short- 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 showing SELL signal For short term Dollar is in HOLD LONG position.Positionally Support for USDINR is 71.16-70.41-69.49-68.85-68.38-66.34-.Resistance for the USDINR is 72.25- In medium term Dollar is relatively strengthening against Yen- Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD LONG position USDINR is in sideways so for short term better buy above 72.435 or hold with stop at 71.6025 The next resistance will be at 73.01 The oscillator is showing SELL signal Intraday Trend- Buy only if open above 72.254 with a stop at 71.607 or buy above 72.435 Below 71.427 go for sell or sell if open below71.607 WWW.MTECHTIPS.COM 07489294118-119
Published on Sep 17 2018 10:37AM, by MTECHTIPS in Currency| Share This