Mtechtips MCX-SX USDINR INTRADAY trading analysis 20-06-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 20-06-2017
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 65.18 or buy with strict stop at 64.06. 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 64.06.Resistance for the USDINR is 64.76-64.81-64.82-64.84-65.29-65.92-66.84-
In medium term Dollar is relatively strengthening against Yen- Euro- 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 LONG position USDINR is in sideways and sellers was at high so for short term better buy above 64.679 or hold with stop at 64.34 The next resistance will be at 64.835 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 64.679 with a stop at 64.331 Below 64.301 go for sell and put stop at 64.649
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