Mtechtips MCX-SX EURINR INTRADAY trading analysis 30-03-2017
Mtechtips MCX-SX EURINR INTRADAY trading analysis 30-03-2017
Mtechtips :- Euro is weakening 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 .In last 1 month volatality is very less Buy the EURINR above 71.34 or buy with strict stop at 69.39. 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 Euro is in HOLD SHORT position.Positionally Immediate support for EURINR is 69.39.Resistance for the EURINR is 70.8-70.85-70.97-71.83-71.84-72.26-73.73-
Short term and Intraday Level of Euro with Rupee
EURINR and closed below 1 week low with volume signals down breakoutCurrently EURINR is in HOLD SHORT position EURINR has formed new 5 day high but the trend looks weak so better buy above 70.912 Yesterday the selling was with volume so risk takers can go for shorting at current rate with stop at 71.0575 The oscillator is showing SELL signal
Intraday Trend- Sell if open below 70.07 with stop loss at 70.721 or sell below 69.88Buy is not advised till it cross 70.912
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