Mtechtips MCX-SX USDINR INTRADAY trading analysis 21-06-2017


Mtechtips MCX-SX USDINR INTRADAY trading analysis 21-06-2017

Mtechtips The Dollar is weakening against Indian Rupee .Currently Dollar is moving sideways The USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the USDINR if it close above65.09 or buy with strict stop at 64.06. 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 64.29-64.23-.Resistance for the USDINR is 64.81-64.86-65.26-65.89-66.82-In medium term Dollar is relatively strengthening against Yen- Euro- In long term Dollar is relatively strengthening against Yen- Euro- Pound-Short term and Intraday Level of Dollar with RupeeCurrently USDINR is in HOLD LONG position USDINR is moving sideways so short term investor better to buy only above 64.835 with stop at 64.34 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 64.739 with a stop at 64.391 Below 64.361 go for sell

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