Mtechtips MCX-SX USDINR INTRADAY trading analysis 06-06-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 06-06-2017
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 .In last 1 month volatality is very less Buy the USDINR above 65.35 or buy with strict stop at 63.83. 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 63.83.Resistance for the USDINR is 64.83-64.9-64.96-65.63-66.3-66.96-
In medium term Dollar is relatively strengthening against Euro- Pound- In long term Dollar is relatively strengthening against Yen- Euro- 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 64.671 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 64.769 with a stop at 64.371 Below 64.321 go for sell and put stop at 64.719
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