Mtechtips MCX-SX EURINR INTRADAY trading analysis 14-03-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 14-03-2017
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 on BUY Signal and EURINR is recovering from oversold level .In last 1 month volatality is very less Buy the EURINR above 72.04 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 on BUY Signal and EURINR is recovering from oversold level For short term Euro is in HOLD SHORT position.Positionally Support for EURINR is 70.53-.Resistance for the EURINR is 71.16-71.55-72.11-72.2-72.56-74.01-
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 The EURINR is in downtrend For short term buy only if close above 70.837 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 71.152 with a stop at 70.648 Below 70.569 go for sell
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