Mtechtips MCX-SX USDINR INTRADAY trading analysis 08-03-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 08-03-2017
Mtechtips Dollar is weakening 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 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 SHORT position.Positionally Immediate support for USDINR is 66.49.Resistance for the USDINR is 67.2-67.24-67.46-67.68-67.9-67.96-68.11-
In medium term Dollar is relatively strengthening against Yen- 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 66.958 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 67.044 with a stop at 66.666 Below 66.636 go for sell and put stop at 67.014
WWW.MTECHTIPS.COM
07489294118-119