Mtechtips MCX-SX EURINR INTRADAY trading analysis 19-03-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 19-03-2018

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 and has moved down its previous low and the negative trend is still continuing momentum also points toward negativeness. 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 Support for EURINR is 79.71-78.76-77.86-77.37-76.03-.Resistance for the EURINR is 80.63-80.78- In medium term Euro is relatively strengthening against Yen- Dollar- In long term Euro is relatively strengthening against Pound- Short term and Intraday Level of Euro with Rupee Last few days JPYINR is moving down Currently EURINR is in HOLD LONG position EURINR is in sideways and sellers was at high so for short term better buy above 80.511 or hold with stop at 79.9925 The next resistance will be at 80.81 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 80.511 with a stop at 79.94 Below 79.86 go for sell and put stop at 80.431

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