Mtechtips MCX-SX EURINR INTRADAY trading analysis 18-10-2019
Mtechtips MCX-SX EURINR INTRADAY trading analysis 18-10-2019
Mtechtips- Euro is strengthening against Indian Rupee in long- medium- short-medium- short- term .Currently Euro is showing some up move after small correction and trend is strong momentum is also showing strength and supported with good volume 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 BUY signal For short term The current position is BUY .Positionally Support for EURINR is 78.38-78.33-78.27-78.25-78.15-77.99-.Resistance for the EURINR is 79.79- In medium term Euro is relatively strengthening against Dollar- Pound- In long term Euro is relatively strengthening against Yen- Dollar- 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 78.947 The EURINR is now trading in highly overbought level. The EURINR is now trading in highly overbought level. The oscillator is showing SELL signal
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