Mtechtips MCX-SX EURINR INTRADAY trading analysis 2-12-2019
Mtechtips MCX-SX EURINR INTRADAY trading analysis 2-12-2019
Mtechtips - Euro is strengthening against Indian Rupee in long- medium- short-medium- term .Currently Euro is showing some down move and trend is strong 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 HOLD SHORT position.Positionally Support for EURINR is 78.82-78.64-78.46-78.37-.Resistance for the EURINR is 79.57-79.59-79.6-
In medium term Euro is relatively strengthening against Pound- In long term Euro is relatively strengthening against Yen- Dollar- Pound-Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD SHORT position The EURINR is in downtrend For short term buy only if close above 79.018 The EURINR is now trading is approaching oversold level. The EURINR is now trading is approaching oversold level. The oscillator is on BUY Signal
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