Mtechtips MCX-SX EURINR INTRADAY trading analysis 13-04-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 13-04-2018

Mtechtips Euro is Strongly strengthening against Indian Rupee .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 80.11-80.07-80.05-79.73-78.71-78.07-76.66-. Immediate resistance for EURINR is 81.49

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 LONG position In short term EURINR is in strong up trend so hold with stop at 80.468 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 81.052 with a stop at 80.479 Below 80.389 go for sell with stop at 80.962

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