Mtechtips MCX-SX EURINR INTRADAY trading analysis 28-07-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 28-07-2017
Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. 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 The current position is BUY and closed above 1 month high with volume signals up breakout.Positionally Support for EURINR is 74.3-74.05-73.68-72.9-71.83-71.82-71.37-. Immediate resistance for EURINR is 76.18
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 EURINR is in sideways but the trend looks weak so better buy above 75.8775 or hold with stop at 74.82 The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is on SELL signal and EURINR is coming down from overbought level Intraday Trend- Sell only if open below 75.01 with stop loss at 75.811 or sell below 74.75 Buy is not advised till it cross 76.072
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