Mtechtips MCX-SX USDINR INTRADAY trading analysis 13-11-2018 Mtechtips Dollar is strengthening against Indian Rupee in long- medium- term .Currently Dollar is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. 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 SELL position.Positionally Support for USDINR is 72.62-71.41-70.6-68-.Resistance for the USDINR is 73.57-73.61-73.87-In medium term Dollar is relatively strengthening against Yen- Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD SHORT position USDINR is showing some Up momentum So buy above 72.938 with stop at 72.5775 The USDINR is now trading is approaching oversold level. The USDINR is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 73.467 with a stop at 72.724 Below 72.575 go for sell and put stop at 73.316 WWW.MTECHTIPS.COM 07489294118-119
Published on Nov 13 2018 10:33AM, by MTECHTIPS in Currency| Share This