Mtechtips MCX-SX EURINR INTRADAY trading analysis 17-01-2019 Mtechtips Euro is weakening against Indian Rupee .Currently Euro is in strong uptrend with good momentum 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 The current position is BUY .Positionally Support for EURINR is 81.04-81-80.5-80.32-80.19-.Resistance for the EURINR is 82.8-82.94- In medium term Euro is relatively strengthening against Yen- In long term Euro is relatively strengthening against Yen- Dollar- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD LONG position In short term EURINR is in strong up trend so hold with stop at 81.24 The EURINR is now trading in highly overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 81.843 with a stop at 81.307 Below 81.237 go for sell with stop at 81.773 WWW.MTECHTIPS.COM 07489294118-119
Published on Jan 15 2019 11:13AM, by MTECHTIPS in Currency| Share This