Mtechtips MCX-SX EURINR INTRADAY trading analysis 06-04-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 06-04-2018

Mtechtips Euro is strengthening against Indian Rupee in long- medium- term .Currently Euro is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. 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 LONG position.Positionally Support for EURINR is 79.52-78.42-77.84-76.46-.Resistance for the EURINR is 80.66-80.68-80.7- In medium term Euro is relatively strengthening against Yen- Dollar- Pound- In long term Euro is relatively strengthening against Yen- Pound- Short term and Intraday Level of Euro with Rupee Currently EURINR is in HOLD SHORT position EURINR is in sell mode sell below 79.76 buy only above 81.1675 The oscillator is showing SELL signal Intraday Trend- Sell if open below 79.76 with stop loss at 80.31or sell below 79.65 Buy is not advised till it cross 80.421

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