Mtechtips MCX-SX EURINR INTRADAY trading analysis 20-02-2018 Mtechtips Euro is Strongly strengthening against Indian Rupee .Currently Euro is moving sideways The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is on SELL signal and EURINR is coming down from overbought level but has moved past its recent high with good volume points to a positive break out . The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is on SELL signal and EURINR is coming down from overbought level For short term Euro is in HOLD LONG position and closed above 1 week high with volume signals up breakout.Positionally Support for EURINR is 79.35-79.26-78.62-77.31-76.88-76.81-75.2-. Immediate resistance for EURINR is 80.75 In medium term Euro is relatively strengthening against Pound- In long term Euro is relatively strengthening against Pound- Short term and Intraday Level of Euro with Rupee EURINR closed above 1 week high with volume signals up breakoutCurrently EURINR is in HOLD LONG position EURINR has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 80.821 with stop at 79.0625 The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 80.821 with a stop at 80.04 Below 79.89 go for sell and put stop at 80.671 WWW.MTECHTIPS.COM 07489294118-119
Published on Feb 20 2018 11:05AM, by MTECHTIPS in Currency| Share This