Mtechtips MCX-SX EURINR INTRADAY trading analysis 16-11-2018 Mtechtips Euro is weakening against Indian Rupee .Currently Euro is in strong downtrend with good momentum and the trend is supported with good volume 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 HOLD SHORT position.Positionally Support for EURINR is 80.77-.Resistance for the EURINR is 82.56-83.22-83.32-83.51-84.34-84.59- In medium term Euro is relatively strengthening against Yen- Dollar- Pound- In long term Euro is relatively strengthening against Dollar- Pound- 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 81.918 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- Sell if open below 81.277 with stop loss at 81.843 or sell below 81.167 Buy only above 81.954 WWW.MTECHTIPS.COM 07489294118-119
Published on Nov 16 2018 10:50AM, by MTECHTIPS in Currency| Share This