Mtechtips MCX-SX USDINR INTRADAY trading analysis 22-06-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 22-06-2017
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 and fresh Buy can be considered in the USDINR if it close above65.09 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 BUY signal For short term Dollar is in HOLD LONG position.Positionally Support for USDINR is 64.3-64.27-64.24-.Resistance for the USDINR is 64.87-65.23-65.85-66.81-
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 moving sideways with low volatality so short term investor better to buy if close above 64.835 close below 64.34 Sell will happen. The oscillator is showing SELL signal
Intraday Trend-Intraday better to buy above 64.89 and Sell if below64.241
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