Mtechtips MCX-SX USDINR INTRADAY trading analysis 17-10-2018 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 showing SELL signal For short term Dollar is in HOLD LONG position.Positionally Support for USDINR is 72.85-71.29-70.36-69.65-67.21-.Resistance for the USDINR is 73.93-74.31- In medium term Dollar is relatively strengthening against Euro- Pound- Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD SHORT position USDINR is in sell mode sell below 73.353 buy only above 74.64 Yesterday the selling was with volume so risk takers can go for shorting at current rate with stop at 74.64 The oscillator is showing SELL signal Intraday Trend- Sell if open below 73.353 with stop loss at 73.908 or sell below 73.213Buy is not advised till it cross 74.048 WWW.MTECHTIPS.COM 07489294118-119
Published on Oct 17 2018 10:38AM, by MTECHTIPS in Currency| Share This