Mtechtips MCX-SX USDINR INTRADAY trading analysis 12-07-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 12-07-2017
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 65.38 or buy with strict stop at 64.16. 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 Support for USDINR is 64.43-64.4-64.36-.Resistance for the USDINR is 65.02-65.12-65.45-66.66-In medium term Dollar is relatively strengthening against 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 The USDINR is in downtrend For short term buy only if close above 64.793 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 64.92 with a stop at 64.551 Below 64.521 go for sell and put stop at 64.89
WWW.MTECHTIPS.COM
07489294118-119