Mtechtips MCX-SX USDINR INTRADAY trading analysis 19-08-2016

Mtechtips MCX-SX USDINR INTRADAY trading analysis 19-08-2016
MTECHTIPS USDINR traded in between 66.85-67.05 small range and settled at 66.90 compare to previous close of 66.8650. A short term consolidation above 66.85 is creating probability for momentum upside move towards 67.15-67.25 in USDINR. On the other hand, a closing below 66.85 only could result downside move towards 66.65-66.50.

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