Mtechtips MCX-SX EURINR INTRADAY trading analysis 21-05-2018 Mtechtips Euro is strengthening against Indian Rupee in long- term .Currently Euro is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. 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.Positionally Support for EURINR is 79.93-79.09-77.55-.Resistance for the EURINR is 80.72-80.82-80.89-81.09- In medium term Euro is relatively strengthening against Yen- Dollar- In long term Euro is relatively strengthening against Yen- Pound- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD SHORT position EURINR is in sideways so for short term better buy above 81.2075 with stop at 79.9275 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 80.721 with a stop at 80.01 Below 79.87 go for sell and put stop at 80.581 WWW.MTECHTIPS.COM 07489294118-119
Published on May 21 2018 10:42AM, by MTECHTIPS in Currency| Share This