Mtechtips MCX-SX EURINR INTRADAY trading analysis 13-03-2018 Mtechtips Euro is strengthening against Indian Rupee in long- medium- short-medium- short- term .Currently Euro is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. 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 Euro is in HOLD LONG position and EURINR closed below 1 week low with volume signals down breakout.Positionally Support for EURINR is 79.93-79.67-78.49-77.65-77.23-75.88-.Resistance for the EURINR is 80.72- In medium term Euro is relatively strengthening against Yen- 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 EURINR has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below80.03 Buy if above 81.025 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 80.511 with a stop at 80.07 Below 80.03 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Mar 13 2018 10:59AM, by MTECHTIPS in Currency| Share This