Mtechtips MCX-SX EURINR INTRADAY trading analysis 03-01-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 03-01-2017
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 on BUY Signal and EURINR is recovering from oversold level .In last 1 month volatality is very less and fresh Buy can be considered in the EURINR if it close above72.43 or buy with strict stop at 70.3. The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is on BUY Signal and EURINR is recovering from oversold level For short term Euro is in HOLD LONG position.Positionally Support for EURINR is 70.98-70.95-.Resistance for the EURINR is 72.2-72.86-73.55-74.04-74.84-
In medium term Euro is relatively strengthening against Dollar- Pound- In long term Euro is relatively strengthening against Dollar- Pound-
Short term and Intraday Level of Euro with Rupee
Currently EURINR is in HOLD LONG position In short term EURINR is in strong up trend so hold with stop at 71.564 The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 72.084 with a stop at 71.537 Below 71.447 go for sell with stop at 71.994
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