Mtechtips MCX-SX EURINR INTRADAY trading analysis 14-11-2018 Mtechtips Euro is weakening against Indian Rupee .Currently Euro is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. 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 SHORT position and closed below 1 month low with volume signals down breakout.Positionally Support for EURINR is 80.71-.Resistance for the EURINR is 82.52-83.27-83.74-83.9-84.62-84.64- In medium term Euro is relatively strengthening against Yen- Dollar- Pound- In long term Euro is relatively strengthening against Dollar- 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 has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below81.437 Buy if above 83.6675 The EURINR is now trading in highly oversold level. The EURINR is now trading in highly oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 82.425 with a stop at 81.596 Below 81.437 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Nov 14 2018 10:45AM, by MTECHTIPS in Currency| Share This