Mtechtips MCX-SX EURINR INTRADAY trading analysis 05-12-2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 05-12-2017
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 75.75. 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 76.22-75.98-75.8-73.36-.Resistance for the EURINR is 76.93-76.94-77.02-
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 down trend so buy above 76.792 The sell will again come if below 76.445 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 76.893 with a stop at 76.347 Below 76.267 go for sell
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