Mtechtips MCX-SX USDINR INTRADAY trading analysis 17-07-2017


Mtechtips MCX-SX USDINR INTRADAY trading analysis 17-07-2017

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 SELL signal .In last 1 month volatality is very less Buy the USDINR above 65.38 or buy with strict stop at 64.16. 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 SHORT position.Positionally Immediate support for USDINR is 64.16.Resistance for the USDINR is 64.88-64.91-64.92-65.02-65.05-65.38-66.63-In medium term Dollar is relatively strengthening against Euro- In long term Dollar is relatively strengthening against Yen- Euro- Pound-Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD LONG position USDINR is in sideways so for short term better buy above 64.735 with stop at 64.455 The USDINR is now trading is approaching oversold level. The USDINR is now trading is approaching oversold level. The oscillator is on BUY Signal and USDINR is recovering from oversold level Intraday Trend- Buy is advised above 64.699 with a stop at 64.411 Below 64.391 go for sell

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