The 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 .. 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 44.77-44.76-44.74-44.71-.Resistance for the USDINR is 45.23-45.27-45.39-
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 SHORT position USDINR is showing some Up momentum So buy above 44.998 with stop at 44.855 The oscillator is showing BUY signal
Buy is advised only above 45.146 with a stop at 44.886 Below 44.859 go for sell and put stop at 45.119
DOLLAR SUPPORT AND RESISTANCE
Support for USDINR is 44.77-44.76-44.74-44.71-.Resistance for the USDINR is 45.23-45.27-45.39-
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 SHORT position USDINR is showing some Up momentum So buy above 44.998 with stop at 44.855 The oscillator is showing BUY signal
DOLLAR LEVEL FOR TODAY
Buy is advised only above 45.146 with a stop at 44.886 Below 44.859 go for sell and put stop at 45.119
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