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Mtechtips MCX-SX USDINR INTRADAY trading
analysis 10-12-2018
Mtechtips Dollar is weakening against Indian Rupee
.Currently Dollar is in strong downtrend with good momentum and the trend is
supported with good volume The open interest is not increasing with trend .
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 BUY signal For short term Dollar is in SELL
position.Positionally Support for USDINR is 70.33-68.62-.Resistance for the
USDINR is 71.22-71.65-72.06-72.49-72.96- 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 70.668 The oscillator is
showing BUY signal Intraday Trend- Buy
if above 71.172 with a stop at 70.678 Sell below 70.579 or sell if open below
70.678
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