Mtechtips MCX-SX EURINR INTRADAY trading analysis 09-08-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 09-08-2017
Mtechtips The Euro is strengthening against Indian Rupee in long- medium- short-medium- short- term .Currently Euro is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is on SELL signal and EURINR is coming down from overbought level For short term Euro is in HOLD LONG position.Positionally Support for EURINR is 74.98-74.43-73.41-72.54-71.87-71.76-.Resistance for the EURINR is 75.87-Short term and Intraday Level of Euro with RupeeCurrently EURINR is in HOLD LONG position The EURINR is in downtrend For short term buy only if close above 75.733 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 75.691 with a stop at 75.199 Below 75.139 go for sell
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