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Mtechtips MCX-SX USDINR INTRADAY trading
analysis 11-12-2018
Mtechtips Dollar is strengthening against Indian
Rupee in long- short- 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 but has moved past its recent high and the
positive trend is still continuing. 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 71.1-70.62-70.4-68.65-.Resistance for the USDINR is
71.95-72.51-72.93- Short term and Intraday Level of Dollar with Rupee Currently
USDINR is in HOLD LONG position In short term USDINR is in strong up trend so
hold with stop at 70.935 The USDINR is now trading is approaching overbought
level. The USDINR is now trading is approaching overbought level. The
oscillator is showing BUY signal Intraday
Trend- Buy is advised above 71.994 with a stop at 71.167 Below 70.988 go for
sell with a stop at 71.813
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