Mtechtips MCX-SX USDINR INTRADAY trading analysis 27-12-2016

Mtechtips MCX-SX USDINR INTRADAY trading analysis 27-12-2016
MTECHTIPS Dollar is strengthening against Indian Rupee in long- medium- 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 and has moved down its previous low. 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 67.32-67.08-67.02-66.99-.Resistance for the USDINR is 68.1-68.38-
In medium term Dollar is relatively strengthening against Pound-
Short term and Intraday Level of Dollar with Rupee
Currently USDINR is in HOLD SHORT position The USDINR is in downtrend For short term buy only if close above 67.938 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 67.936 with a stop at 67.555 Below 67.525 go for sell
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