Mtechtips MCX-SX EURINR INTRADAY trading analysis 02-08-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 02-08-2017
Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong uptrend and the trend is supported with good volume 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 .Positionally Support for EURINR is 74.81-74.43-74.09-73.1-72.1-71.84-71.52-. Immediate resistance for EURINR is 76.47Short term and Intraday Level of Euro with Rupee

Currently EURINR is in HOLD LONG position In short term EURINR is in strong up trend so hold with stop at 75.598 The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 76.453 with a stop at 75.728 Below 75.589 go for sell with stop at 76.312
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