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Mtechtips MCX-SX USDINR INTRADAY trading analysis 10-03-2017

Thursday, March 9, 2017 22:54
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Mtechtips MCX-SX USDINR INTRADAY trading analysis 10-03-2017

 

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 Buy the USDINR above 67.46 or buy with strict stop at 66.49. 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 SHORT position.Positionally Immediate support for USDINR is 66.49.Resistance for the USDINR is 67.18-67.22-67.36-67.68-67.9-67.93-68.08-

In medium term Dollar is relatively strengthening against Yen-

Short term and Intraday Level of Dollar with Rupee

Currently USDINR is in HOLD SHORT position USDINR is in down trend so buy above 66.917 The sell will again come if below 66.7525 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 67.074 with a stop at 66.696 Below 66.656 go for sell

WWW.MTECHTIPS.COM

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