Mtechtips MCX-SX EURINR INTRADAY trading analysis 02-06-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 02-06-2017
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 .In last 1 month volatality is very less and fresh Buy can be considered in the EURINR if it close above73.36 or buy with strict stop at 69.78. 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 Euro is in HOLD LONG position.Positionally Support for EURINR is 72.24-72.17-71.76-71.14-70.86-70.41-70.26-. Immediate resistance for EURINR is 73.36
In long term Euro is relatively strengthening against Yen- Pound-
Short term and Intraday Level of Euro with Rupee
Currently EURINR is in HOLD LONG position EURINR is moving sideways so short term investor better to buy only above 72.8225 or hold with stop at 72.175 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 72.906 with a stop at 72.485 Below 72.435 go for sell
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