Mtechtips MCX-SX EURINR INTRADAY trading analysis 29-05-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 29-05-2017
Mtechtips Euro is strengthening against Indian Rupee in long- medium- short-medium- short- term .Currently Euro is in strong uptrend but volume is unsatisfactory 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 The current position is BUY .Positionally Support for EURINR is 71.73-71.23-70.82-70.67-70.42-70.09-.Resistance for the EURINR is 72.8-
In long term Euro is relatively strengthening against Yen- Pound-
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 73.0725 with stop at 72.22 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 72.505 with a stop at 72.026 Below 71.966 go for sell
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