Tuesday, July 26, 2011

Indian Forex Trading Tips For Today 26 july 2011

 The Dollar is weakening against Indian Rupee .Currently Dollar is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. 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 inHOLD SHORT position. 

Currently USDINR is in HOLD SHORT position The USDINR is in downtrend For short term buy only if close above 44.482 The USDINR is now trading in highly oversold level. The USDINR is now trading in highly oversold level. The oscillator is showing BUY signal.

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