Mtechtips MCX-SX USDINR INTRADAY trading analysis 04-09-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 04-09-2017
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 64.66 or buy with strict stop at 63.59. 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 63.89-63.87-.Resistance for the USDINR is 64.64-64.71-64.73-66.2- In medium term Dollar is relatively strengthening against Yen- Euro- In long term Dollar is relatively strengthening against Euro- Pound-Short term and Intraday Level of Dollar with RupeeCurrently USDINR is in HOLD LONG position USDINR is moving sideways so short term investor better to buy if close above 64.23 closing below 63.845 Sell will happen. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 64.409 with a stop at 64.032 Below 63.982 go for sell and put stop at 64.358’
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