Mtechtips MCX-SX EURINR INTRADAY trading analysis 21-07-2017
Mtechtips MCX-SX EURINR INTRADAY trading analysis 21-07-2017
Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro is in 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 on SELL signal and EURINR is coming down from overbought level For short term Euro is in HOLD LONG position.Positionally Support for EURINR is 73.68-73.65-73.09-72.46-71.82-71.43-71.16-. Immediate resistance for EURINR is 75.5
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 74.195 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 74.409 with a stop at 74.042 Below 74.022 go for sell with a stop at 74.388
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