Mtechtips MCX-SX EURINR INTRADAY trading analysis 14-03-2019 Mtechtips Euro is weakening against Indian Rupee .Currently Euro is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Euro. 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 SELL position.Positionally Immediate support for EURINR is 78.27.Resistance for the EURINR is 80.17-80.5-80.92-81.11-81.13-81.71-81.88- In medium term Euro is relatively strengthening against Dollar- Pound- In long term Euro is relatively strengthening against Yen- Dollar- Pound- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD LONG position EURINR is moving sideways with low volatality so short term investor better to buy if close above 79.57 close below 78.58 Sell will happen. The EURINR is now trading in highly oversold level. The EURINR is now trading in highly oversold level. The oscillator is showing BUY signal Intraday Trend-Intraday better to buy above 79.258 and Sell if below78.333 WWW.MTECHTIPS.COM 07489294118-119
Published on Mar 14 2019 11:02AM, by MTECHTIPS in Currency| Share This