The Dollar is Strongly strengthening 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 .. 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
Support for USDINR is 45.01-44.9-44.87-44.81-44.78-44.74-. Immediate resistance for USDINR is 45.46
In medium term Dollar is relatively strengthening against Yen- Euro- In long term Dollar is relatively strengthening against Yen- Euro- Pound-
Currently USDINR is in HOLD LONG position In short term USDINR is in strong up trend so hold with stop at 45.048 The oscillator is showing BUY signal
Buy is advised above 45.458 with a stop at 45.086 Below 45.022 go for sell with stop at 45.394
DOLLAR SUPPORT AND RESISTANCE
Support for USDINR is 45.01-44.9-44.87-44.81-44.78-44.74-. Immediate resistance for USDINR is 45.46
DOLLAR TREND WITH OTHER CURRENCY
In medium term Dollar is relatively strengthening against Yen- Euro- In long term Dollar is relatively strengthening against Yen- Euro- Pound-
SHORT TERM TREND OF DOLLAR
Currently USDINR is in HOLD LONG position In short term USDINR is in strong up trend so hold with stop at 45.048 The oscillator is showing BUY signal
DOLLAR LEVEL FOR TODAY
Buy is advised above 45.458 with a stop at 45.086 Below 45.022 go for sell with stop at 45.394
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