Mtechtips MCX-SX EURINR INTRADAY trading analysis 28-06-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 28-06-2017
Mtechtips Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong downtrend 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 HOLD SHORT position and closed above 1 week high with volume signals up breakout.Positionally Support for EURINR is 72.11-72-71.93-71.92-71.11-70.86-70.67-. Immediate resistance for EURINR is 72.95
In medium term Euro is relatively strengthening against Yen-
Short term and Intraday Level of Euro with Rupee
EURINR closed above 1 week high with volume signals up breakoutCurrently EURINR is in HOLD LONG position In short term EURINR is in strong up trend so hold with stop at 72.07 The oscillator is showing BUY signal
Intraday Trend- is in intraday buy level better buy above 72.966 or in low buy above 72.345 Target is 73.136 next 73.417 Below 72.175 trend reversal can occur so keep long stop at 72.175WWW.MTECHTIPS.COM
07489294118-119