Mtechtips MCX-SX USDINR INTRADAY trading analysis 30-03-2017
Mtechtips MCX-SX USDINR INTRADAY trading analysis 30-03-2017
Mtechtips Dollar is weakening against Indian Rupee .Currently Dollar is in strong downtrend with good momentum but volume is unsatisfactory 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 SELL signal For short term Dollar is in SELL position.Positionally Immediate support for USDINR is 64.77.Resistance for the USDINR is 65.7-66.1-66.55-67.28-67.57-67.62-67.74-
In medium term Dollar is relatively strengthening against Euro- In long term Dollar is relatively strengthening against Euro-
Short term and Intraday Level of Dollar with Rupee
Currently USDINR is in HOLD SHORT position The USDINR is in downtrend For short term buy only if close above 65.376 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 65.381 with a stop at 64.93 Below 64.87 go for sell
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