Dollar is strengthening against Indian Rupee in long- medium- short-medium- term .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 54.62-54.5-54.36-53.82-53.54-.Resistance for the USDINR is 55.37-55.53-
In long term Dollar is relatively strengthening against Euro- Pound-
Intraday Trend- Sell if open below 54.765 with stop loss at 55.436 or sell below 54.541Buy is not advised till it cross 55.661
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In long term Dollar is relatively strengthening against Euro- Pound-
Short term and Intraday Level of Dollar with Rupee
Currently USDINR is in HOLD LONG position USDINR is in sideways but the trend looks weak so better buy above 55.97 or hold with stop at 55.025 The oscillator is showing SELL signalIntraday Trend- Sell if open below 54.765 with stop loss at 55.436 or sell below 54.541Buy is not advised till it cross 55.661
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8878998885, 0731-6461777
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