Mtechtips MCX-SX USDINR INTRADAY trading analysis 13-03-2018

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Mtechtips MCX-SX USDINR INTRADAY trading analysis 13-03-2018

Mtechtips  Dollar is strengthening against Indian Rupee in long- medium- short-medium- short- term .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 above65.76 or buy with strict stop at 63.62. 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 64.79-64.49-64.29-64.28-64.1-64.02-.Resistance for the USDINR is 65.46- 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 has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 65.411 with stop at 65.02 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 65.411 with a stop at 64.97 Below 64.91 go for sell and put stop at 65.35

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