Mtechtips MCX-SX EURINR INTRADAY trading analysis 15-06-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 15-06-2017
Mtechtips Euro is strengthening against Indian Rupee in long- medium- short-medium- term .Currently Euro is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. 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 SELL position.Positionally Support for EURINR is 71.82-70.91-70.6-70.52-.Resistance for the EURINR is 72.65-72.75-72.76-
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 moving sideways so short term investor better to buy only above 72.7275 with stop at 72.065 The EURINR is now trading is approaching oversold level. The EURINR is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 72.445 with a stop at 72.056 Below 72.026 go for sell
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