Mtechtips MCX-SX EURINR INTRADAY trading analysis 28-04-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 28-04-2017
Mtechtips Euro is weakening against Indian Rupee .Currently Euro is in strong uptrend and the trend is 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 Support for EURINR is 69.97-69.38-69.22-68.97-.Resistance for the EURINR is 71.3-71.51-73.11-
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
In short term EURINR is in strong up trend so hold with stop at 70.109 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 above 70.561 with a stop at 70.07 Below 70 go for sell with stop at 70.491
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