Mtechtips MCX-SX EURINR INTRADAY trading analysis 17-07-2017


Mtechtips MCX-SX EURINR INTRADAY trading analysis 17-07-2017

Mtechtips The Euro is strengthening against Indian Rupee in long- medium- short-medium- short- term .Currently Euro is in strong uptrend 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 BUY signal For short term Euro is in HOLD SHORT position.Positionally Support for EURINR is 73.37-72.79-72.18-71.84-71.23-71.04-.Resistance for the EURINR is 74.13-

Short term and Intraday Level of Euro with RupeeCurrently EURINR is in HOLD LONG position EURINR is in sideways and sellers was at high so for short term better buy above 74.118 or hold with stop at 73.5025 The next resistance will be at 74.34 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 74.118 with a stop at 73.443 Below 73.313 go for sell and put stop at 73.988

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