Mtechtips MCX-SX EURINR INTRADAY trading analysis 12-12-2018 Mtechtips Euro is weakening against Indian Rupee .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 BUY signal but has moved past its recent high with good volume points to a positive break out . 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 and closed above 1 week high with volume signals up breakout.Positionally Support for EURINR is 81.23-80.91-80.34-80.01-.Resistance for the EURINR is 82.72-83.41-83.6- In medium term Euro is relatively strengthening against Yen- Dollar- In long term Euro is relatively strengthening against Yen- Dollar- Pound- Short term and Intraday Level of Euro with Rupee EURINR closed above 1 week high with volume signals up breakoutCurrently EURINR is in HOLD LONG position EURINR is moving sideways so short term investor better to buy only above 81.8775 with stop at 78.5675 The EURINR is now trading in highly overbought level. The EURINR is now trading in highly overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 82.855 with a stop at 80.658 Below 79.72 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Dec 12 2018 11:08AM, by MTECHTIPS in Currency| Share This