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

Mtechtips MCX-SX EURINR INTRADAY trading analysis 08-09-2017
Mtechtips The Euro is Strongly strengthening against Indian Rupee .Currently Euro is moving sideways The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing BUY signal but has moved past its recent high and the positive trend is still continuing and upward momentum is also developing. 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 76.2-75.84-75.62-74.79-73.9-72.91-72.11-. Immediate resistance for EURINR is 77.23 In medium term Euro is relatively strengthening against Yen-Short term and Intraday Level of Euro with RupeeCurrently EURINR is in HOLD LONG position EURINR has crossed the high so for short term better buy above 77.164 with stop at 76.26 The oscillator is showing BUY signal Intraday Trend- Buy above 77.164 and keep stop below 76.626 Target is 77.284 next 77.475 Below 76.507 trend reversal can occur and next level is 76.317
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