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
Support for USDINR is 44.66-.Resistance for the USDINR is 45.1-45.14-45.21-45.25-45.31-45.45-
In medium term Dollar is relatively strengthening against Yen- In long term Dollar is relatively strengthening against Yen- Euro- Pound-
Currently USDINR is in HOLD LONG position USDINR is in sideways and sellers was at high so for short term better buy above 45.062 or hold with stop at 44.775 The next resistance will be at 45.035 The USDINR is now trading is approaching oversold level. The USDINR is now trading is approaching oversold level. The oscillator is on BUY Signal and USDINR is recovering from oversold level
Buy is advised only above 45.062 with a stop at 44.733 Below 44.683 go for sell and put stop at 45.012
DOLLAR SUPPORT AND RESISTANCE
Support for USDINR is 44.66-.Resistance for the USDINR is 45.1-45.14-45.21-45.25-45.31-45.45-
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 LONG position USDINR is in sideways and sellers was at high so for short term better buy above 45.062 or hold with stop at 44.775 The next resistance will be at 45.035 The USDINR is now trading is approaching oversold level. The USDINR is now trading is approaching oversold level. The oscillator is on BUY Signal and USDINR is recovering from oversold level
DOLLAR LEVEL FOR TODAY
Buy is advised only above 45.062 with a stop at 44.733 Below 44.683 go for sell and put stop at 45.012
