Mtechtips MCX-SX EURINR INTRADAY trading analysis 23-08-2019 Mtechtips- Euro is strengthening against Indian Rupee in long- medium- short-medium- short- term .Currently Euro is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. 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 The current position is BUY .Positionally Support for EURINR is 78.99-78.29-78.25-78.09-78.07-78.01-.Resistance for the EURINR is 80.74- In medium term Euro is relatively strengthening against Yen- Dollar- In long term Euro is relatively strengthening against Yen- Dollar- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD SHORT position The EURINR is in downtrend For short term buy only if close above 79.492 Selling pressure seems to be deceasing So Short term sellers have to take a cautious approach.Short only below 79.0275 The oscillator is showing BUY signal WWW.MTECHTIPS.COM 07489294118-119
Published on Aug 23 2019 10:28AM, by MTECHTIPS in Currency| Share This