Mtechtips MCX-SX USDINR INTRADAY trading analysis 09-03-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 09-03-2017
Mtechtips 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 .In last 1 month volatality is very less Buy the USDINR above 67.46 or buy with strict stop at 66.49. 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 67.19-67.23-67.41-67.68-67.9-67.95-68.1-
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 USDINR is in sideways so for short term better buy above 67.0625 with stop at 66.7525 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 67.084 with a stop at 66.716 Below 66.686 go for sell and put stop at 67.054
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