Mtechtips MCX-SX EURINR INTRADAY trading analysis 28-12-2018
Mtechtips MCX-SX EURINR INTRADAY trading analysis 28-12-2018
Mtechtips Euro is weakening against Indian Rupee .Currently Euro is moving sideways The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing SELL signal but has moved past its recent high with good volume points to a positive break out . 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 and closed above 1 week high with volume signals up breakout.Positionally Immediate support for EURINR is 79.52.Resistance for the EURINR is 81.02-81.27-81.64-82.53-82.77-83.36-
In medium term Euro is relatively strengthening against Yen- In long term Euro is relatively strengthening against Yen- Dollar- Pound- Short term and Intraday Level of Euro with Rupee EURINR closed above 1 week high with volume signals up breakoutCurrently EURINR is in SELL position EURINR is in sideways and sellers was at high so for short term better buy above 81.292 or hold with stop at 79.8425 The next resistance will be at 80.7125 The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 81.292 with a stop at 80.279 Below 80.05 go for sell and put stop at 81.062
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