Mtechtips MCX-SX USDINR INTRADAY trading analysis 19-12-2018
Mtechtips MCX-SX USDINR INTRADAY trading analysis 19-12-2018
Mtechtips Dollar is weakening against Indian Rupee .Currently Dollar is in strong uptrend but volume is unsatisfactory 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 68.87-.Resistance for the USDINR is 71.38-71.65-71.71-71.85-72.65-72.78- Short term and Intraday Level of Dollar with Rupee Last few days JPYINR is moving down Currently USDINR is in HOLD SHORT position The USDINR is in downtrend For short term buy only if close above 71.821 The oscillator is showing SELL signal Intraday Trend- Sell if open below 70.209 with stop loss at 71.092 or sell below 69.91 Buy only above 71.393
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