Mtechtips MCX-SX EURINR INTRADAY trading analysis 06-04-2017
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 70.56-70.57-70.78-71.6-71.7-72.08-73.61-
Short term and Intraday Level of Euro with Rupee
Currently EURINR is in SELL position The EURINR is in downtrend For short term buy only if close above 69.713 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- Buy is advised above 69.859 with a stop at 69.331 Below 69.241 go for sell
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