Mtechtips MCX-SX USDINR INTRADAY trading analysis 28-03-2018

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Mtechtips MCX-SX USDINR INTRADAY trading analysis 28-03-2018

Mtechtips  Dollar is Strongly strengthening against Indian Rupee .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.Positionally Support for USDINR is 64.85-64.83-64.31-64.3-64.28-64.15-. Immediate resistance for USDINR is 65.58 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 SHORT position The USDINR is in downtrend For short term buy only if close above 65.111 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 65.391 with a stop at 64.93 Below 64.86 go for sell and put stop at 65.32

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