Mtechtips MCX-SX EURINR INTRADAY trading analysis 09-06-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 09-06-2017
Mtechtips Euro is strengthening against Indian Rupee in long- medium- short-medium- term .Currently Euro is moving sideways The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is on SELL signal and EURINR is coming down from overbought level .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 71.68. The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is on SELL signal and EURINR is coming down from overbought level For short term Euro is in HOLD LONG position.Positionally Support for EURINR is 72.12-71.56-70.91-70.46-.Resistance for the EURINR is 72.82-72.83-
In long term Euro is relatively strengthening against 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 72.92 or hold with stop at 72.39 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 72.885 with a stop at 72.165 Below 72.026 go for sell
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