Mtechtips MCX-SX EURINR INTRADAY trading analysis 16-03-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 16-03-2018

Mtechtips Euro is strengthening against Indian Rupee in long- medium- 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 above81.35 or buy with strict stop at 79.26. 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 79.7-78.7-77.81-77.33-75.99-.Resistance for the EURINR is 80.61-80.74- In medium term Euro is relatively strengthening against Yen- In long term Euro is relatively strengthening against Pound- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD LONG position EURINR is moving sideways so short term investor better to buy only above 80.81 or hold with stop at 80.19 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 above 80.571 with a stop at 80.07 Below 80.01 go for sell

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