Mtechtips MCX-SX USDINR INTRADAY trading analysis 30-01-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 30-01-2017
MTECHTIPS Dollar is Strongly strengthening against Indian Rupee .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 67.66. 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 67.95-67.92-67.89-67.5-67.28-67.08-. Immediate resistance for USDINR is 68.79
In medium term Dollar is relatively strengthening against Yen- Euro-
Short term and Intraday Level of Dollar with Rupee
USDINR closed above 1 week high with volume signals up breakoutCurrently USDINR is in HOLD LONG position USDINR is moving sideways so short term investor better to buy only above 68.46 with stop at 68.03 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 68.637 with a stop at 68.054 Below 67.954 go for sell
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