Mtechtips MCX-SX EURINR INTRADAY trading analysis 25-07-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 25-07-2018

Mtechtips Euro is Strongly strengthening against Indian Rupee .Currently Euro is in downtrend and the trend is supported with good volume 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 LONG position.Positionally Support for EURINR is 80.16-80.02-79.87-79.82-79.78-79.51-78.39-. Immediate resistance for EURINR is 81.46 In medium term Euro is relatively strengthening against Dollar- In long term Euro is relatively strengthening against Yen- Dollar- 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 80.41 The EURINR is now trading is approaching oversold level. The EURINR is now trading is approaching oversold level. The oscillator is showing BUY signal  Intraday Trend- Better buy above 81.012 or in low buy above 80.419 with a stop at 80.289 Sell if below .80.289 with a stop at 81.012

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