Mtechtips MCX-SX EURINR INTRADAY trading analysis 20-06-2017


Mtechtips MCX-SX EURINR INTRADAY trading analysis 20-06-2017

Mtechtips Euro is strengthening against Indian Rupee in long- medium- term .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 .In last 1 month volatality is very less Buy the EURINR above 73.21 or buy with strict stop at 71.78. 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 72.01-70.89-70.76-70.58-.Resistance for the EURINR is 72.63-72.64-72.72-

In long term Euro is relatively strengthening against Pound-

Short term and Intraday Level of Euro with Rupee

Currently EURINR is in HOLD SHORT position EURINR is showing some Up momentum So buy above 72.313 with stop at 72.0825 The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 72.565 with a stop at 72.145 Below 72.096 go for sell and put stop at 72.515

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