Mtechtips MCX-SX EURINR INTRADAY trading analysis 09-04-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 09-04-2018

Mtechtips Euro is strengthening against Indian Rupee in long- term .Currently Euro is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. 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 78.46-77.88-76.5-.Resistance for the EURINR is 80.19-80.62-80.64-80.66-

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 The EURINR is in downtrend For short term buy only if close above 80.198 The EURINR is now trading is approaching oversold level. The EURINR is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 80.07 with a stop at 79.511 Below 79.421 go for sell

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