Mtechtips MCX-SX EURINR INTRADAY trading analysis 19-10-2018 Mtechtips Euro is strengthening against Indian Rupee in long- medium- short-medium- term .Currently Euro is in strong uptrend 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 84.8-82.85-81.92-81.19-80.14-.Resistance for the EURINR is 85.76-85.84- In medium term Euro is relatively strengthening against Pound- In long term Euro is relatively strengthening against 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 85.658 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 85.521 with a stop at 84.98 Below 84.91 go for sell and put stop at 85.451 WWW.MTECHTIPS.COM 07489294118-119
Published on Oct 19 2018 10:51AM, by MTECHTIPS in Currency| Share This