Mtechtips MCX-SX EURINR INTRADAY trading analysis 17-10-2017 Mtechtips The Euro is strengthening against Indian Rupee in long- medium- 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 SELL signal For short term Euro is in HOLD SHORT position and closed below 3 week low with volume signals down breakout.Positionally Support for EURINR is 76.21-75.5-74.66-72.71-.Resistance for the EURINR is 77.32-77.38-77.45- In medium term Euro is relatively strengthening against Dollar- Pound- Short term and Intraday Level of Euro with Rupee EURINR and closed below 1 week low with volume signals down breakout Currently EURINR is in HOLD SHORT position EURINR is in sideways and sellers was at high so for short term better buy above 76.974 or hold with stop at 76.4875 The next resistance will be at 77.5425 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 76.974 with a stop at 76.317 Below 76.197 go for sell and put stop at 76.853 WWW.MTECHTIPS.COM 07489294118-119
Published on Oct 17 2017 11:09AM, by MTECHTIPS in Currency| Share This