Mtechtips MCX-SX EURINR INTRADAY trading analysis 18-01-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 18-01-2017
Mtechtips :- Euro is weakening against Indian Rupee .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 SELL signal For short term Euro is in HOLD LONG position.Positionally Support for EURINR is 71.98-71.92-71.71-71.34-.Resistance for the EURINR is 73.12-73.71-74.71-
In medium term Euro is relatively strengthening against Dollar- 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 72.378 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 73.226 with a stop at 72.395 Below 72.215 go for sell with a stop at 73.046
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