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Mtechtips MCX-SX EURINR INTRADAY trading analysis 09-01-2017

Sunday, January 8, 2017 22:40
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Mtechtips MCX-SX EURINR INTRADAY trading analysis 09-01-2017



MTECHTIPS   Euro Rupee Future This Week Closed At 72.18 With Gain. This Was Second Week Of Gain For Euro Against Indian Rupee. In These 2 Weeks Euro Recovered From Lows Of 70.7 To High Of 72.3. Total 1.6 Rupee Or Almost 2% Plus Gains For Euro.Euro Rupee Is In Technical Bounce Back Rally And Look Like This Was Last Week. From Next Week, Expect Downtrend To Resume Ad Below 72 On Daily Closing Basis, Euro Will Once Again Breakdown For Big Downside Targets. For Next Week, Below 72 Currency Traders Keep Sell On Rise View For Target Of 70.4 And Below. If Sustain Above 72 For 2-3 Trading Session That Confirm Short Term Uptrend For Euro For Target 73.3.

Eur Inr Long Term Chart Suggesting Deep Downside For Euro In 2017 And My Targets Are 68.7 And 66 Rupees.




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