Mtechtips MCX-SX EURINR INTRADAY trading analysis 23-06-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 23-06-2017
Mtechtips Euro is strengthening against Indian Rupee in long- 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 70.96-70.88-70.62-.Resistance for the EURINR is 72.49-72.53-72.61-72.7-
Short term and Intraday Level of Euro with Rupee
Currently EURINR is in HOLD SHORT position EURINR is in sideways so for short term better buy above 72.3325 with stop at 71.99 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 72.374 with a stop at 71.986 Below 71.946 go for sell
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