Thursday, June 16, 2011

Dollar Trend and Intraday Levels for today 17 June 2011

Intraday tips for tomorrow

The 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 46.15 or buy with strict stop at 44.57. 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 SELL position

DOLLAR SUPPORT AND RESISTANCE



Support for USDINR is 44.77-44.73-44.66-.Resistance for the USDINR is 45.19-45.26-45.3-45.44-

DOLLAR TREND WITH OTHER CURRENCY



In medium term Dollar is relatively strengthening against Yen- 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 in sideways so for short term better buy above 45.035 with stop at 44.775 The oscillator is showing BUY signal

DOLLAR LEVEL FOR TODAY



Buy is advised only above 45.156 with a stop at 44.855 Below 44.814 go for sell and put stop at 45.115 

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