Mtechtips MCX-SX EURINR INTRADAY trading analysis 7-06-2019
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 .. The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing BUY signal For short term Euro is in HOLD SHORT position.Positionally Immediate support for EURINR is 0.Resistance for the EURINR is 78.33-78.66-78.69-78.74-79.46-79.91-81.34- In medium term Euro is relatively strengthening against Yen- Dollar- In long term Euro is relatively strengthening against Yen- Dollar- Pound- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD LONG position EURINR is moving sideways so short term investor better to buy only above 78.35 with stop at 0.0 The EURINR is now trading in highly overbought level. The oscillator is showing SELL signal
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Published on
Jun 7 2019 10:53AM, by
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