Mtechtips MCX-SX EURINR INTRADAY trading analysis 15-06-2018 Mtechtips Euro is strengthening against Indian Rupee in long- short-medium- short- term .Currently Euro is showing some up move after small correction and trend is strong but volume is unsatisfactory 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 and closed above 1 week high with volume signals up breakout.Positionally Support for EURINR is 79.66-79.4-79.08-78.92-77.93-.Resistance for the EURINR is 80.52-80.56- 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 EURINR closed above 1 week high with volume signals up breakoutCurrently EURINR is in HOLD LONG position EURINR is in sideways and sellers was at high so for short term better buy above 80.531 or hold with stop at 79.445 The next resistance will be at 80.13 The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is on SELL signal and EURINR is coming down from overbought level Intraday Trend- Buy is advised only above 80.531 with a stop at 79.85 Below 79.73 go for sell and put stop at 80.411 WWW.MTECHTIPS.COM 07489294118-119
Published on Jun 15 2018 10:57AM, by MTECHTIPS in Currency| Share This