Mtechtips MCX-SX EURINR INTRADAY trading analysis 21-04-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 21-04-2017
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 showing BUY signal 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 showing BUY signal For short term Euro is in HOLD SHORT position.Positionally Support for EURINR is 68.94-68.62-.Resistance for the EURINR is 70.01-70.78-71.41-71.65-73.25-
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 LONG position EURINR has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 69.759 with stop at 68.46 The EURINR is now trading in highly overbought level. The EURINR is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 69.759 with a stop at 69.221 Below 69.131 go for sell and put stop at 69.669
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