• Home »
  • »
  • Mtechtips MCX-SX USDINR INTRADAY trading analysis 31-08-2015

Mtechtips MCX-SX USDINR INTRADAY trading analysis 31-08-2015

Mtechtips MCX-SX USDINR INTRADAY trading analysis 31-08-2015

Mtechtips NSE usd inr future this week closed at 66.54 with loss. This was first losing week for us dollar after last 2 weeks strong gains. This week bar formation given sell signal on weekly chart. This week usdinr future hit high at 66.85 while low was at 65.93. Total 90 paisa or 1.5% volatility range in week and weak closing for us dollar. Here keep sell on rise strategy for dollar and expect downside up to 64.65 in medium terms. For next week usdinr future resistances are at 66.9 and then 67.5 while on downside 66.15 and 65.8 are strong support zones.
WWW.MTECHTIPS.COM
07489294118-119