Mtechtips MCX-SX EURINR INTRADAY trading analysis 13-11-2018 Mtechtips Euro is strengthening against Indian Rupee in long- term .Currently Euro is in strong downtrend but volume is unsatisfactory 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 HOLD SHORT position.Positionally Support for EURINR is 81.84-80.69-.Resistance for the EURINR is 83.25-83.88-84.05-84.61-84.77- In medium term Euro is relatively strengthening against Yen- Dollar- Pound- In long term Euro is relatively strengthening against Dollar- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD SHORT position The EURINR is in downtrend For short term buy only if close above 83.056 The EURINR is now trading in highly oversold level. The EURINR is now trading in highly oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 82.715 with a stop at 82.135 Below 82.056 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Nov 13 2018 10:34AM, by MTECHTIPS in Currency| Share This