Mtechtips MCX-SX USDINR INTRADAY trading analysis 11-04-2018

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Mtechtips MCX-SX USDINR INTRADAY trading analysis 11-04-2018

Mtechtips  Dollar is strengthening against Indian Rupee in long- medium- 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 Buy the USDINR above 65.7 or buy with strict stop at 64.61. 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 64.49-64.33-64.3-64.21-.Resistance for the USDINR is 65.39-65.41- In medium term Dollar is relatively strengthening against Yen- Pound- 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 65.153 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 65.34 with a stop at 64.91 Below 64.86 go for sell and put stop at 65.29

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