Mtechtips MCX-SX USDINR INTRADAY trading analysis 26-07-2018

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Mtechtips MCX-SX USDINR INTRADAY trading analysis 26-07-2018

Mtechtips  Dollar is strengthening against Indian Rupee in long- medium- short-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 BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the USDINR if it close above69.46 or buy with strict stop at 68.08. 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 68.5-68.42-67.96-67.38-66.76-65.53-.Resistance for the USDINR is 69.12- Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD SHORT position USDINR is in sideways so for short term better buy above 69.17 with stop at 68.6875 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 69.088 with a stop at 68.603 Below 68.533 go for sell

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