Mtechtips MCX-SX EURINR INTRADAY trading analysis 05-04-2017
Mtechtips :- Euro is weakening against Indian Rupee .Currently Euro is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. 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 69.13.Resistance for the EURINR is 70.64-70.66-70.83-71.66-71.73-72.13-73.64-
Short term and Intraday Level of Euro with Rupee
Currently EURINR is in SELL position EURINR is in sideways so for short term better buy above 69.869 with stop at 69.4125 The EURINR is now trading is approaching oversold level. The EURINR is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 69.869 with a stop at 69.371 Below 69.301 go for sell and put stop at 69.799
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