Mtechtips MCX-SX USDINR INTRADAY trading analysis 15-05-2019 Mtechtips Dollar is strengthening against Indian Rupee in long- medium- short-medium- short- term .Currently Dollar is in strong uptrend but volume is unsatisfactory 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 LONG position.Positionally Support for USDINR is 70.09-70.02-69.66-69.65-69.51-69.47-.Resistance for the USDINR is 71.19- In medium term Dollar is relatively strengthening against Yen- In long term Dollar is relatively strengthening against Pound- Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD LONG position In short term USDINR is in strong up trend so hold with stop at 70.191 The USDINR is now trading in highly overbought level. The USDINR is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 70.982 with a stop at 70.339 Below 70.219 go for sell with stop at 70.861 WWW.MTECHTIPS.COM 07489294118-119
Published on May 15 2019 10:44AM, by MTECHTIPS in Currency| Share This