Mtechtips MCX-SX EURINR INTRADAY trading analysis 18-06-2019
Mtechtips - Euro is weakening against Indian Rupee .Currently Euro is in strong uptrend 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 LONG position.Positionally Support for EURINR is 78.12-78.07-78.05-77.9-.Resistance for the EURINR is 79.15-79.78-81.27- 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 Last few days JPYINR is moving down Currently EURINR is in HOLD LONG position The EURINR is in slight up trend. Hold long with tight stop at 78.693 If trades and sustain above 78.715 it is again buying signal The EURINR is now trading in highly overbought level. The EURINR is now trading in highly overbought level. The oscillator is showing SELL signal
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Published on
Jun 18 2019 10:25AM, by
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