Mtechtips MCX-SX EURINR INTRADAY trading analysis 06-03-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 06-03-2017
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 showing BUY signal .In last 1 month volatality is very less Buy the EURINR above 72.2 or buy with strict stop at 70.12. 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 Immediate support for EURINR is 70.12.Resistance for the EURINR is 71.2-71.33-72-72.13-72.33-72.73-74.14-
In medium term Euro is relatively strengthening against Yen- 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 SHORT position EURINR is in sideways so for short term better buy above 71.11 with stop at 70.5425 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 71.002 with a stop at 70.549 Below 70.489 go for sell and put stop at 70.942
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