Mtechtips MCX-SX USDINR INTRADAY trading analysis 02-08-2018

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Mtechtips MCX-SX USDINR INTRADAY trading analysis 02-08-2018

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 BUY signal and has moved down its previous low. 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 68.03-67.57-66.9-65.59-.Resistance for the USDINR is 69.07-69.1-69.13- In medium term Dollar is relatively strengthening against Euro- Short term and Intraday Level of Dollar with Rupee Currently USDINR is in HOLD LONG position USDINR is moving sideways so short term investor better to buy only above 69.07 or hold with stop at 68.6475 The USDINR is now trading in highly oversold level. The USDINR is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 68.928 with a stop at 68.473 Below 68.413 go for sell

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