Mtechtips MCX-SX EURINR INTRADAY trading analysis 22-02-2018 Mtechtips Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Euro. 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.Positionally Support for EURINR is 79.37-79.3-78.88-77.45-76.99-76.86-75.3-. Immediate resistance for EURINR is 80.77 In medium term Euro is relatively strengthening against Yen- Pound- In long term Euro is relatively strengthening against Pound- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD LONG position EURINR is in profit booking mode so better sell and enter at lower level The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 80.17 with a stop at 79.71 Below 79.66 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Feb 22 2018 10:49AM, by MTECHTIPS in Currency| Share This