Mtechtips MCX-SX EURINR INTRADAY trading analysis 19-07-2019 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 . Noting point is selling at lower levels seems decreasing. 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 76.93.Resistance for the EURINR is 78.27-78.59-78.63-78.67-78.68-79.33-81.12- 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 EURINR closed above 1 week high with volume signals up breakoutCurrently EURINR is in HOLD LONG position EURINR is in sideways and sellers was at high so for short term better buy above 78.006 or hold with stop at 77.2425 The next resistance will be at 77.6375 The EURINR is now trading is approaching oversold level. The EURINR is now trading is approaching oversold level. The oscillator is showing BUY signal WWW.MTECHTIPS.COM 07489294118-119
Published on Jul 19 2019 10:27AM, by MTECHTIPS in Currency| Share This