• Home »
  • »
  • Mtechtips MCX-SX USDINR INTRADAY trading analysis 20-08-2015

Mtechtips MCX-SX USDINR INTRADAY trading analysis 20-08-2015

Mtechtips MCX-SX USDINR INTRADAY trading analysis 20-08-2015

MTECHTIPS Dollar/rupee opened down Thursday as July FOMC minutes showed that members expressed concerns about lagging inflation as well as the risks posed by a stronger dollar and developments in China.The Federal Reserve minutes showed the most officials believe conditions are approaching the appropriate point to raise rates, but offered no signs of an imminent September lift-off.U.S. consumer prices increased by a 0.1% last month, below forecasts for a gain of 0.2% and following a rise of 0.3% in June.Today, 65.20 will act as an immediate support sustain trade below will expect to test 65.00 and below.Else momentum buy may take place for upside target 65.50 and above.
WW.MTECHTIPS.COM
07489294118-119