Mtechtips MCX-SX EURINR INTRADAY trading analysis 17-07-2018 Mtechtips Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong uptrend but volume is unsatisfactory 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 SELL signal For short term Euro is in HOLD LONG position.Positionally Support for EURINR is 80.24-80.02-79.85-79.83-79.59-79.52-78.3-. Immediate resistance for EURINR is 81.46 In medium term Euro is relatively strengthening against Dollar- In long term Euro is relatively strengthening against Yen- Dollar- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD SHORT position The EURINR is in downtrend For short term buy only if close above 80.336 The EURINR is now trading in highly oversold level. The EURINR is now trading in highly oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 81.112 with a stop at 80.209 Below 80.02 go for sell and put stop at 80.922 WWW.MTECHTIPS.COM 07489294118-119
Published on Jul 17 2018 11:06AM, by MTECHTIPS in Currency| Share This