Mtechtips MCX-SX EURINR INTRADAY trading analysis 15-02-2019 Mtechtips Euro is weakening against Indian Rupee .Currently Euro is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Euro Noting point is selling at lower levels seems decreasing. The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing SELL signal For short term Euro is in HOLD SHORT position.Positionally Immediate support for EURINR is 79.75.Resistance for the EURINR is 81.35-81.55-81.61-81.64-81.69-81.76-82.64- In medium term Euro is relatively strengthening against Yen- Dollar- Pound- In long term Euro is relatively strengthening against Yen- Dollar- Short term and Intraday Level of Euro with Rupee Last few days JPYINR is moving down Currently EURINR is in SELL position The EURINR is in downtrend For short term buy only if close above 80.329 The EURINR is now trading in highly oversold level. The EURINR is now trading in highly oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 80.741 with a stop at 80.149 Below 80.06 go for sell and put stop at 80.651 WWW.MTECHTIPS.COM 07489294118-119
Published on Feb 15 2019 10:49AM, by MTECHTIPS in Currency| Share This