Mtechtips MCX-SX EURINR INTRADAY trading analysis 23-05-2018 Mtechtips Euro is strengthening against Indian Rupee in long- short- term .Currently Euro is in strong downtrend 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 SELL signal For short term Euro is in HOLD LONG position.Positionally Support for EURINR is 80.1-80.03-79.98-79.18-77.6-.Resistance for the EURINR is 80.88-81.06- In medium term Euro is relatively strengthening against Yen- Dollar- In long term Euro is relatively strengthening against Yen- Dollar- Pound-Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD LONG position EURINR is moving sideways so short term investor better to buy if close above 80.76 closing below 79.9275 Sell will happen. The EURINR is now trading is approaching oversold level. The EURINR is now trading is approaching oversold level. The oscillator is on BUY Signal and EURINR is recovering from oversold level Intraday Trend- Buy is advised only above 80.811 with a stop at 80.169 Below 80.07 go for sell and put stop at 80.711 WWW.MTECHTIPS.COM 07489294118-119
Published on May 23 2018 10:36AM, by MTECHTIPS in Currency| Share This