Mtechtips MCX-SX USDINR INTRADAY trading analysis 09-06-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 09-06-2017
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 and has moved down its previous low and the negative trend is still continuing. 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 64.11.Resistance for the USDINR is 64.84-64.88-64.91-65.53-66.19-66.92-
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 64.623 The USDINR is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 64.629 with a stop at 64.211 Below 64.151 go for sell
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