Mtechtips MCX-SX USDINR INTRADAY trading analysis 13-09-2017

Mtechtips MCX-SX USDINR INTRADAY trading analysis 13-09-2017
Mtechtips Dollar is weakening against Indian Rupee .Currently Dollar is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. 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 LONG position.Positionally Support for USDINR is 63.87-63.85-.Resistance for the USDINR is 64.57-64.67-64.69-66.09-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 showing some Up momentum So buy above 64.09 with stop at 63.8975 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 64.338 with a stop at 63.982 Below 63.952 go for sell and put stop at 64.308
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