Mtechtips MCX-SX USDINR INTRADAY trading analysis 27-01-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 27-01-2017
MTECHTIPS Dollar is strengthening against Indian Rupee in long- 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 SELL signal .In last 1 month volatality is very less Buy the USDINR above 68.79 or buy with strict stop at 67.61. The USDINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing SELL signal For short term Dollar is in HOLD SHORT position.Positionally Support for USDINR is 67.48-67.26-67.07-.Resistance for the USDINR is 68.43-68.45-68.46-68.49-
In medium term Dollar is relatively strengthening against Yen- Euro-
Short term and Intraday Level of Dollar with Rupee
Currently USDINR is in HOLD SHORT position USDINR is in down trend so buy above 68.214 The sell will again come if below 68.03 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 68.286 with a stop at 67.914 Below 67.874 go for sell
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