Mtechtips MCX-SX EURINR INTRADAY trading analysis 01-06-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 01-06-2017
Mtechtips Euro is Strongly strengthening 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 SELL signal but has moved past its recent high and the positive trend is still continuing and upward momentum is also developing. The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing SELL signal For short term The current position is BUY .Positionally Support for EURINR is 72.21-72.19-71.59-71.03-70.85-70.4-70.22-. Immediate resistance for EURINR is 73.01
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 in sideways and sellers was at high so for short term better buy above 72.996 or hold with stop at 72.175 The next resistance will be at 72.715 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 72.996 with a stop at 72.465 Below 72.385 go for sell and put stop at 72.916
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