Mtechtips MCX-SX EURINR INTRADAY trading analysis 15-12-2017 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 . 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 73.55-.Resistance for the EURINR is 76.6-76.75-76.79-76.91- 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 LONG position EURINR is in sideways and sellers was at high so for short term better buy above 76.573 or hold with stop at 75.88 The next resistance will be at 76.25 The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 76.573 with a stop at 76.008 Below 75.918 go for sell and put stop at 76.483 WWW.MTECHTIPS.COM 07489294118-119
Published on Dec 15 2017 10:15AM, by MTECHTIPS in Currency| Share This