Mtechtips MCX-SX EURINR INTRADAY trading analysis 11-09-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 11-09-2017
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 with good volume points to a positive break out . 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 and closed above 1 week high with volume signals up breakout.Positionally Support for EURINR is 76.36-75.97-75.67-74.88-73.95-72.99-72.13-. Immediate resistance for EURINR is 77.67In medium term Euro is relatively strengthening against Yen-Short term and Intraday Level of Euro with Rupee EURINR closed above 1 week high with volume signals up breakoutCurrently EURINR is in HOLD LONG position In short term EURINR is in strong up trend so hold with stop at 76.723 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 77.485 with a stop at 76.786 Below 76.656 go for sell with stop at 77.354
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