Mtechtips MCX-SX USDINR INTRADAY trading analysis 14-11-2018 Mtechtips Dollar is strengthening against Indian Rupee in long- 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 71.46-70.65-68.05-.Resistance for the USDINR is 73.26-73.48-73.56-73.82- 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 moving sideways so short term investor better to buy only above 73.1925 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 BUY signal Intraday Trend- Buy is advised above 73.116 with a stop at 72.505 Below 72.405 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Nov 14 2018 10:44AM, by MTECHTIPS in Currency| Share This