Mtechtips MCX-SX EURINR INTRADAY trading analysis 21-06-2017
Mtechtips The Euro is strengthening against Indian Rupee in long- medium- term .Currently Euro is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. 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 Support for EURINR is 70.89-70.82-70.59-.Resistance for the EURINR is 72.56-72.57-72.68-72.69-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 The EURINR is in downtrend For short term buy only if close above 72.234 The EURINR is now trading is approaching oversold level. The EURINR is now trading is approaching oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 72.364 with a stop at 71.796 Below 71.706 go for sell.