October 20, 2016

Mtechtips MCX-SX USDINR INTRADAY trading analysis 09-09-2016

MTECHTIPS USDINR traded in between 66.60-66.68 small range and settled at 66.5950 almost flat. On the EOD chart a long bearish candle stick is yet indicating for bearishness in the pair. Further, in near term 66.50 will act as a crucial support and USDINR would need to trade below 66.50 in order to test 66.15-66.00, else failure of the breakdown could result momentum gain towards 66.75-66.88.




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