Mtechtips MCX-SX EURINR INTRADAY trading analysis 13-12-2017 Mtechtips The Euro is weakening against Indian Rupee .Currently Euro is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Euro Noting point is selling at lower levels seems decreasing. 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.Positionally Support for EURINR is 73.5-.Resistance for the EURINR is 76.56-76.71-76.75-76.77-76.8-76.9- In medium term Euro is relatively strengthening against Pound- In long term Euro is relatively strengthening against Dollar- Pound- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD SHORT position EURINR is showing some Up momentum So buy above 76.174 with stop at 75.885 The EURINR is now trading in highly oversold level. The EURINR is now trading in highly oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 76.292 with a stop at 75.868 Below 75.828 go for sell and put stop at 76.252 WWW.MTECHTIPS.COM 07489294118-119
Published on Dec 13 2017 10:15AM, by MTECHTIPS in Currency| Share This