Mtechtips MCX-SX USDINR INTRADAY trading analysis 31-01-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 31-01-2017
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 SELL signal .In last 1 month volatality is very less Buy the USDINR above 68.79 or buy with strict stop at 67.69. 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 67.89-67.52-67.28-67.09-.Resistance for the USDINR is 68.45-68.48-68.5-
In medium term Dollar is relatively strengthening against Yen- Euro-
Short term and Intraday Level of Dollar with Rupee
Currently USDINR is in HOLD LONG position In short term USDINR is in strong up trend so hold with stop at 68.166 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 68.387 with a stop at 67.994 Below 67.954 go for sell with stop at 68.346
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