Mtechtips MCX-SX EURINR INTRADAY trading analysis 16-08-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 16-08-2017
Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro is moving sideways 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 but has moved past its recent high. 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 SELL position.Positionally Support for EURINR is 75.3-75.2-74.69-73.64-72.83-71.97-71.91-. Immediate resistance for EURINR is 76.2 Short term and Intraday Level of Euro with RupeeCurrently EURINR is in HOLD LONG position EURINR is in sideways and sellers was at high so for short term better buy above 76.092 or hold with stop at 75.07 The next resistance will be at 75.9 The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 76.092 with a stop at 75.569 Below 75.499 go for sell and put stop at 76.022
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