Mtechtips MCX-SX EURINR INTRADAY trading analysis 21-11-2017 Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong uptrend with good momentum and the trend is supported with good volume 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 The current position is BUY .Positionally Support for EURINR is 76.36-76.11-76.1-75.95-75.82-75.53-73.2-. Immediate resistance for EURINR is 77.72 In medium term Euro is relatively strengthening against Dollar- Pound- In long term Euro is relatively strengthening against Pound- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD SHORT position EURINR is in sideways so for short term better buy above 77.4125 with stop at 76.4 The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is on SELL signal and EURINR is coming down from overbought level Intraday Trend- Buy above 77.074 and keep stop below 76.527 Target is 77.194 next 77.405 Below 76.407 trend reversal can occur and next level is 76.197 WWW.MTECHTIPS.COM 07489294118-119
Published on Nov 21 2017 10:17AM, by MTECHTIPS in Currency| Share This