Mtechtips MCX-SX USDINR INTRADAY trading analysis 21-03-2018

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Mtechtips MCX-SX USDINR INTRADAY trading analysis 21-03-2018

Mtechtips  Dollar is Strongly strengthening 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 but has moved past its recent high. 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 Support for USDINR is 64.9-64.86-64.67-64.3-64.28-64.16-64.12-. Immediate resistance for USDINR is 65.56 In medium term Dollar is relatively strengthening against Yen- 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 moving sideways so short term investor better to buy only above 65.3025 with stop at 64.885 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 65.441 with a stop at 65.11 Below 65.09 go for sell

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