Mtechtips MCX-SX USDINR INTRADAY trading analysis 28-06-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 28-06-2017
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 64.27-64.26-.Resistance for the USDINR is 64.8-64.85-65.13-65.74-66.77-
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 SHORT position USDINR is in sideways so for short term better buy above 64.729 with stop at 64.4225 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 64.729 with a stop at 64.371 Below 64.341 go for sell and put stop at 64.699
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