Mtechtips MCX-SX USDINR INTRADAY trading analysis 18-09-2018
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 .. 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 71.82-71.33-70.56-69.57-68.91-68.45-66.38-. Immediate resistance for USDINR is 73.3 In medium term Dollar is relatively strengthening against Yen- Euro- Short term and Intraday Level of Dollar with Rupee USDINR is in side ways and sellers at high so for short term better buy above 72.765 with stop at 71.6025 The next resistance will be at 73.01 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 73.146 with a stop at 72.175 Below 71.946 go for sell
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Published on
Sep 18 2018 10:54AM, by
MTECHTIPS in
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