Mtechtips MCX-SX EURINR INTRADAY trading analysis 19-04-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 19-04-2017
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 but has moved past its recent high. 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 SELL position.Positionally Support for EURINR is 69.02-68.63-.Resistance for the EURINR is 70.07-70.86-71.44-71.68-73.29-
In medium term Euro is relatively strengthening against Yen- Pound- In long term Euro is relatively strengthening against Yen-
Short term and Intraday Level of Euro with Rupee
Currently EURINR is in HOLD SHORT position EURINR is in sideways and sellers was at high so for short term better buy above 69.679 or hold with stop at 68.46 The next resistance will be at 69.4 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 only above 69.679 with a stop at 69.141 Below 69.052 go for sell and put stop at 69.589
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