Mtechtips MCX-SX EURINR INTRADAY trading analysis 24-05-2019
Mtechtips MCX-SX EURINR INTRADAY trading analysis 24-05-2019
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 SELL signal .In last 1 month volatality is very less Buy the EURINR above 79.8 or buy with strict stop at 77.19. 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 SHORT position.Positionally Immediate support for EURINR is 77.19.Resistance for the EURINR is 78.78-78.8-78.94-79.67-80.02-81.4-
In medium term Euro is relatively strengthening against Yen- Dollar- In long term Euro is relatively strengthening against Yen- Dollar- Pound- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD LONG position The EURINR is in downtrend For short term buy only if close above 77.937 The EURINR is now trading in highly oversold level. The EURINR is now trading in highly oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 78.266 with a stop at 77.595 Below 77.475 go for sell and put stop at 78.146
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