Mtechtips MCX-SX EURINR INTRADAY trading analysis 07-09-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 07-09-2017
Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro is moving sideways The EURINR is now trading in oversold level. The USDINR is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the EURINR if it close above77.78 or buy with strict stop at 74.91. The EURINR is now trading in oversold level. The USDINR 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 76.08-75.77-75.57-74.69-73.83-72.83-72.09-. Immediate resistance for EURINR is 77.78In medium term Euro is relatively strengthening against Yen-Short term and Intraday Level of Euro with RupeeCurrently EURINR is in HOLD LONG position In short term EURINR is in strong up trend so hold with stop at 76.416 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 77.124 with a stop at 76.527 Below 76.427 go for sell with a stop at 77.024
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