Mtechtips MCX-SX EURINR INTRADAY trading analysis 30-08-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 30-08-2017
Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong uptrend with good momentum 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 .Positionally Support for EURINR is 75.46-75.36-75.25-74.17-73.39-72.39-72.02-. Immediate resistance for EURINR is 77.78
Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD LONG position EURINR has crossed the high so for short term better buy above 77.835 with stop at 75.3275 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 above 77.835 and keep stop below 76.836 Target is 78.186 next 78.757 Below 76.487 trend reversal can occur and next level is 75.918
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