Mtechtips MCX-SX EURINR INTRADAY trading analysis 27-07-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 27-07-2018

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 BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the EURINR if it close above81.46 or buy with strict stop at 79.49. 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 79.98-79.87-79.84-79.83-79.5-78.41-.Resistance for the EURINR is 80.81-

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 Last few days JPYINR is moving down Currently EURINR is in HOLD LONG position EURINR is in profit booking mode so either sell of or keep stop at80.413 so better sell and enter at lower level The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is on SELL signal and EURINR is coming down from overbought level Intraday Trend- Buy is advised above 80.881 with a stop at 80.159 Below 80.02 go for sell

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