• Home »
  • »
  • Mtechtips MCX-SX EURINR INTRADAY trading analysis 14-08-2015

Mtechtips MCX-SX EURINR INTRADAY trading analysis 14-08-2015

Mtechtips MCX-SX EURINR INTRADAY trading analysis 14-08-2015
Mtechtips Euro surged to one-month high after Greece and its international creditors, on Tuesday agreed on the terms of the country’s new bailout, which could unlock up to 86 billion Euros worth of financing for the debt-laden country over the next three years. EURINR not performed well and after breaching the resistance 72.55 saw a consolidation around 72.60 and settled at 72.54 levels. A high wave candle stick formation on EOD chart is indicating trend reversal may be witnessed in coming days. Further a valid buy is expect to come above 72.70 levels for the upside target of 73.00 -73.30. Stop loss will be 72.55.On the downside, correction will expect to come below 72.50. Target will be 72.00-70.80. Stop loss 72.75.
WWW.MTECHTIPS.COM
07489294118-119