Mtechtips MCX-SX USDINR INTRADAY trading analysis 08-06-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 08-06-2017
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 SELL signal .In last 1 month volatality is very less Buy the USDINR above 65.35 or buy with strict stop at 64.14. 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 Immediate support for USDINR is 64.14.Resistance for the USDINR is 64.84-64.9-64.93-64.95-65.57-66.23-66.94-
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 USDINR is in down trend so buy above 64.623 The sell will again come if below 64.4675 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 64.749 with a stop at 64.331 Below 64.271 go for sell
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