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 . Cautious point is buying at higer levels seems decreasing. 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 LONG position.Positionally Support for USDINR is 53.7-53.37-53.21-53.07-.Resistance for the USDINR is 54.43-54.91-55.25-
In medium term Dollar is relatively strengthening against Euro- In long term Dollar is relatively strengthening against Yen- Euro- Pound-
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In medium term Dollar is relatively strengthening against Euro- In long term Dollar is relatively strengthening against Yen- Euro- Pound-
Short term and Intraday Level of Dollar with Rupee
Intraday Trend- Buy above 54.28 and keep stop below 53.895 Target is 54.365 next 54.505 Below 53.811 trend reversal can occur and next level is 53.671To Get Free Tips:
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