Mtechtips MCX-SX EURINR INTRADAY trading analysis 01-12-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 01-12-2017
Mtechtips The Euro is strengthening against Indian Rupee in long- short-medium- term .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 SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the EURINR if it close above77.72 or buy with strict stop at 75.63. The EURINR is now trading in oversold level. The EURINR is now trading in oversold level. The oscillator is showing SELL signal For short term Euro is in HOLD LONG position.Positionally Support for EURINR is 76.21-75.96-75.78-73.34-.Resistance for the EURINR is 76.95-76.98- In medium term Euro is relatively strengthening against Yen- Pound- In long term Euro is relatively strengthening against Pound Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD SHORT position EURINR is in sideways so for short term better buy above 77.215 with stop at 76.445 The oscillator is showing SELL signalIntraday Trend- Buy is advised above 76.944 with a stop at 76.367 Below 76.277 go for sell
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