Mtechtips MCX-SX USDINR INTRADAY trading analysis 16-04-2018

Spread the love

Mtechtips MCX-SX USDINR INTRADAY trading analysis 16-04-2018

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 BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the USDINR if it close above65.79 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 BUY signal For short term Dollar is in HOLD LONG position.Positionally Support for USDINR is 64.97-64.92-64.9-64.58-64.35-64.3-64.26-. Immediate resistance for USDINR is 65.79 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 LONG position In short term USDINR is in strong up trend so hold with stop at 65.217 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 65.491 with a stop at 65.129 Below 65.09 go for sell with stop at 65.451

WWW.MTECHTIPS.COM

07489294118-119