Mtechtips MCX-SX USDINR INTRADAY trading analysis 12-12-2018

Mtechtips MCX-SX USDINR INTRADAY trading analysis 12-12-2018

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 in highly overbought level. The USDINR is now trading in highly 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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