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

Mtechtips MCX-SX EURINR INTRADAY trading analysis 06-06-2017
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 70.29. 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 72.27-72.15-72.06-71.32-70.88-70.42-70.35-. Immediate resistance for EURINR is 73.36
In long term Euro is relatively strengthening against Pound-
Short term and Intraday Level of Euro with Rupee
Currently EURINR is in HOLD LONG position EURINR is in profit booking mode so either sell of or keep stop at72.588 so better sell and enter at lower level The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is on SELL signal and EURINR is coming down from overbought level
Intraday Trend- Buy is advised above 72.916 with a stop at 72.455 Below 72.395 go for sell
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