Mtechtips MCX-SX USDINR INTRADAY trading analysis 01-02-2019
Mtechtips MCX-SX USDINR INTRADAY trading analysis 01-02-2019
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 71.87 or buy with strict stop at 70.18. 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 71-70.92-70.54-70.5-69.74-.Resistance for the USDINR is 71.88-72.22- In medium term Dollar is relatively strengthening against Yen- Euro- Pound- In long term Dollar is relatively strengthening against Yen- Short term and Intraday Level of Dollar with Rupee Last few days JPYINR is moving down Currently USDINR is in HOLD LONG position In short term USDINR is in strong up trend so hold with stop at 71.193 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 71.643 with a stop at 71.078 Below 70.988 go for sell with a stop at 71.553
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