Mtechtips MCX-SX EURINR INTRADAY trading analysis 7-08-2019

Mtechtips MCX-SX EURINR INTRADAY trading analysis 7-08-2019 Mtechtips-Euro is strengthening against Indian Rupee in long- medium- short-medium- short- term .Currently Euro is in strong downtrend 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 Support for EURINR is 78.36-77.96-77.94-77.79-77.35-77.32-.Resistance for the EURINR is 80.9- 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 USDINR is now trading is approaching overbought level. The oscillator is showing BUY signal WWW.MTECHTIPS.COM 07489294118-119
Published on Aug 7 2019 10:45AM, by MTECHTIPS in Currency| Share This




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