Mtechtips MCX-SX USDINR INTRADAY trading analysis 19-11-2018

Mtechtips MCX-SX USDINR INTRADAY trading analysis 19-11-2018

Mtechtips   Dollar is strengthening against Indian Rupee in long- term .Currently Dollar is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Dollar Noting point is selling at lower levels seems decreasing. 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 Support for USDINR is 71.59-70.78-68.17-.Resistance for the USDINR is 72.94-73.32-73.33-73.56- 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 72.273 The USDINR is now trading is approaching oversold level. The USDINR is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 72.274 with a stop at 71.796 Below 71.726 go for sell

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