Mtechtips MCX-SX EURINR INTRADAY trading analysis 27-06-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 27-06-2017
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 71.03-70.86-70.64-.Resistance for the EURINR is 72.49-72.51-72.58-72.69-
In medium term Euro is relatively strengthening against Yen-
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 72.3325 with stop at 71.99 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 72.254 with a stop at 71.866 Below 71.836 go for sell
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