Mtechtips MCX-SX EURINR INTRADAY trading analysis 15-03-2019 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 79.97-80.37-80.78-81.07-81.09-81.7-81.81- 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 In short term EURINR is in strong up trend so hold with stop at 78.7 The EURINR is now trading in highly oversold level. The JPYINR is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 79.028 with a stop at 78.403 Below 78.293 go for sell with stop at 78.918 WWW.MTECHTIPS.COM 07489294118-119
Published on Mar 15 2019 10:39AM, by MTECHTIPS in Currency| Share This