Mtechtips MCX-SX USDINR INTRADAY trading analysis 27-06-2017


Mtechtips MCX-SX USDINR INTRADAY trading analysis 27-06-2017

Mtechtips  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 BUY 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 BUY signal For short term Dollar is in HOLD LONG position.Positionally Support for USDINR is 64.26-.Resistance for the USDINR is 64.79-64.81-64.85-65.17-65.78-66.79-

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 Rupee

USDINR is in profit booking mode so either sell of or keep stop at64.498 so better sell and enter at lower level The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 64.739 with a stop at 64.351 Below 64.311 go for sell

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