Mtechtips MCX-SX EURINR INTRADAY trading analysis 29-06-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 29-06-2017
Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro is in 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 BUY signal For short term Euro is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for EURINR is 72.14-72.07-71.92-71.21-70.87-70.71-. Immediate resistance for EURINR is 74.2In medium term Euro is relatively strengthening against Yen-Short term and Intraday Level of Euro with RupeeEURINR 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 72.583 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 74.649 with a stop at 73.313 Below 72.974 go for sell with a stop at 74.308
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