Mtechtips MCX-SX EURINR INTRADAY trading analysis 03-04-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 03-04-2017
Mtechtips :- Euro is weakening against Indian Rupee.Currently Euro is showing some down move and trend is strong and supported with good volume 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 BUY signal For short term Euro is in HOLD LONG position.Positionally Immediate support for EURINR is 69.2.Resistance for the EURINR is 70.73-70.86-71.72-71.76-72.17-73.67-
Short term and Intraday Level of Euro with Rupee
Currently EURINR is in HOLD SHORT position EURINR is moving sideways so short term investor better to buy only above 71.0575 or hold with stop at 69.48 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 70.13 with a stop at 69.381 Below 69.221 go for sell
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