Mtechtips MCX-SX USDINR INTRADAY trading analysis 11-01-2019 Mtechtips Dollar is weakening against Indian Rupee .Currently Dollar is showing some up move after small correction and trend is strong and 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 BUY signal For short term Dollar is in HOLD SHORT position.Positionally Support for USDINR is 69.89-69.87-69.29-.Resistance for the USDINR is 70.94-71.62-72.06-72.32- In medium term Dollar is relatively strengthening against Yen- Euro- Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD LONG position USDINR is moving sideways so short term investor better to buy only above 70.785 with stop at 69.39 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 71.002 with a stop at 70.239 Below 70.08 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Jan 11 2019 11:01AM, by MTECHTIPS in Currency| Share This