Mtechtips MCX-SX USDINR INTRADAY trading analysis 27-03-2018

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Mtechtips MCX-SX USDINR INTRADAY trading analysis 27-03-2018

Mtechtips  Dollar is strengthening against Indian Rupee in long- medium- term .Currently Dollar is in downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. 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 and USDINR closed below 1 week low with volume signals down breakout.Positionally Support for USDINR is 64.31-64.28-64.27-64.14-.Resistance for the USDINR is 65.32-65.34-65.37- 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 USDINR and closed below 1 week low with volume signals down breakoutCurrently USDINR is in HOLD SHORT position The USDINR is in downtrend For short term buy only if close above 65.118 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 65.12 with a stop at 64.74 Below 64.7 go for sell

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