Mtechtips MCX-SX EURINR INTRADAY trading analysis 18-07-2019
Mtechtips - Euro is weakening against Indian Rupee .Currently Euro is in strong downtrend and the trend is supported with good volume 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 76.93.Resistance for the EURINR is 78.43-78.64-78.66-78.69-78.71-79.36-81.14- In medium term Euro is relatively strengthening against Yen- In long term Euro is relatively strengthening against Yen- Dollar- Short term and Intraday Level of Euro with Rupee Last few days EURINR is moving down The EURINR is not giving any clear signal So buy only if close above and sell below The oscillator is showing BUY signal
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Published on
Jul 18 2019 10:31AM, by
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