Mtechtips MCX-SX EURINR INTRADAY trading analysis 18-07-2018 Mtechtips Euro is strengthening against Indian Rupee in long- medium- short-medium- term .Currently Euro is moving sideways The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the EURINR if it close above81.46 or buy with strict stop at 79.21. 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 79.85-79.83-79.61-79.52-78.32-.Resistance for the EURINR is 80.72-80.88- 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 EURINR is showing some Up momentum So buy above 80.301 with stop at 79.81 The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 80.661 with a stop at 80.09 Below 80.01 go for sell and put stop at 80.581 WWW.MTECHTIPS.COM 07489294118-119
Published on Jul 18 2018 10:48AM, by MTECHTIPS in Currency| Share This