Mtechtips MCX-SX EURINR INTRADAY trading analysis 20-06-2018 Mtechtips Euro is weakening against Indian Rupee .Currently Euro is in strong uptrend with good momentum and the trend is supported with good volume 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.Positionally Support for EURINR is 77.99-.Resistance for the EURINR is 79.6-79.76-79.8-80.33-80.46-80.53- 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 Last few days JPYINR is moving down Currently EURINR is in HOLD SHORT position EURINR is in sideways so for short term better buy above 80.13 with stop at 78.7 The oscillator is showing SELL signal Intraday Trend- Sell if open below 78.742 with stop loss at 79.268or sell below 78.632 Buy is not advised till it cross 79.378 WWW.MTECHTIPS.COM 07489294118-119
Published on Jun 20 2018 11:00AM, by MTECHTIPS in Currency| Share This