Mtechtips MCX-SX USDINR WEEKLY trading analysis 15-06-2015

Mtechtips MCX-SX USDINR WEEKLY trading analysis 15-06-2015
MTECHTIPS NSE USD INR Future Closed At 64.26 With Gains On Friday’s Trading Session. Us Dollar Is Still Strong And Maintaining Itself Above 1 Month Average Support Which Is Strong Bullish Accumulation Sign Suggesting Bull Run In Short Terms. On Daily Chart, 64 Is 1 Month Average For Dollar Rupee Future And 63.5 Is 3 Month Average Support. On Upside 64.65 And 65.2 Are Strong Resistances As Well As Target Levels For Next Week.Short Term Traders Above 64 Keep Long View With Strict Stop Loss In Place. For Medium Term Traders 63.5 Is Support And Stop Loss Must Remain Below It For Medium Term Long Traders For Target 65.2.This Week Usd Inr Closed With Flat Loss. This Was Second Weekly Flat Loss For Us Dollar Suggesting Consolidation On Weekly Chart Before Next Move. Long Term Targets Still Intact At 65+.
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