Mtechtips MCX-SX USDINR INTRADAY trading analysis 20-04-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 20-04-2017
Mtechtips Dollar is weakening against Indian Rupee .Currently Dollar is moving sideways The USDINR is now trading in highly oversold level. The USDINR is now trading in highly oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the USDINR above 65.6 or buy with strict stop at 64.07. The USDINR is now trading in highly oversold level. The USDINR is now trading in highly oversold level. The oscillator is showing BUY signal For short term Dollar is in SELL position.Positionally Immediate support for USDINR is 64.07.Resistance for the USDINR is 64.93-65.08-65.43-66.39-67.09-67.41-67.42-
In medium term Dollar is relatively strengthening against Yen- Euro- Pound- In long term Dollar is relatively strengthening against Yen- Euro- Pound-
Short term and Intraday Level of Dollar with Rupee
USDINR is moving sideways so short term investor better to buy only above 64.83 with stop at 64.355 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 64.859 with a stop at 64.471 Below 64.421 go for sell
WWW.MTECHTIPS.COM
07489294118-119