Mtechtips MCX-SX EURINR INTRADAY trading analysis 18-06-2018 Mtechtips Euro is weakening against Indian Rupee .Currently Euro is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note 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 77.95-.Resistance for the EURINR is 79.53-79.72-79.97-80.31-80.49-80.55- In medium term Euro is relatively strengthening against Yen- Dollar- Pound- In long term Euro is relatively strengthening against Yen- Dollar- 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 is in sideways and sellers was at high so for short term better buy above 79.91 or hold with stop at 78.7 The next resistance will be at 80.13 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 79.91 with a stop at 78.413 Below 78.024 go for sell and put stop at 79.519 WWW.MTECHTIPS.COM 07489294118-119
Published on Jun 18 2018 11:07AM, by MTECHTIPS in Currency| Share This