Mtechtips MCX-SX EURINR INTRADAY trading analysis 22-11-2017 Mtechtips The Euro is strengthening against Indian Rupee in long- short- term .Currently Euro is moving sideways The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing BUY signal and has moved down its previous low with good volume points to a negative break out . 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 and EURINR closed below 1 week low with volume signals down breakout.Positionally Support for EURINR is 75.85-75.57-73.22-.Resistance for the EURINR is 76.53-76.72-76.79-76.96- In medium term Euro is relatively strengthening against Yen- Dollar- Pound- In long term Euro is relatively strengthening against Pound- Short term and Intraday Level of Euro with Rupee EURINR and closed below 1 week low with volume signals down breakoutCurrently EURINR is in HOLD SHORT position The EURINR is in downtrend For short term buy only if close above 76.722 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 76.673 with a stop at 75.848 Below 75.668 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Nov 22 2017 11:00AM, by MTECHTIPS in Currency| Share This