Mtechtips MCX-SX USDINR INTRADAY trading analysis 30-07-2018

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Mtechtips MCX-SX USDINR INTRADAY trading analysis 30-07-2018

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 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 68.57-68.53-68.45-67.98-67.43-66.8-65.54-. Immediate resistance for USDINR is 69.46 Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD SHORT position USDINR is moving sideways so short term investor better to buy if close above 69.17 closing below 68.6875 Sell will happen. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 69.218 with a stop at 68.722 Below 68.642 go for sell and put stop at 69.138

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