Mtechtips MCX-SX USDINR INTRADAY trading analysis 23-04-2018

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Mtechtips MCX-SX USDINR INTRADAY trading analysis 23-04-2018

Mtechtips  Dollar is Strongly strengthening against Indian Rupee .Currently Dollar is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. 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 65.24-65.15-65.02-64.77-64.38-64.37-64.33-. Immediate resistance for USDINR is 66.39 In medium term Dollar is relatively strengthening against Euro- 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 65.796 The USDINR is now trading in highly overbought level. The USDINR is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 66.383 with a stop at 65.858 Below 65.778 go for sell with a stop at 66.302

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