Mtechtips MCX-SX EURINR INTRADAY trading analysis 02-08-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 02-08-2018

Mtechtips Euro is strengthening against Indian Rupee in long- 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 above81.32 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 79.89-79.83-79.54-78.47-.Resistance for the EURINR is 80.74-80.77- 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 EURINR is moving sideways so short term investor better to buy only above 80.875 with stop at 80.3175 The EURINR is now trading in highly oversold level. The EURINR is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 80.821 with a stop at 80.109 Below 79.98 go for sell

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