Mtechtips MCX-SX EURINR INTRADAY trading analysis 03-08-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 03-08-2018

Mtechtips Euro is weakening against Indian Rupee .Currently Euro is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. 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 SHORT position.Positionally Support for EURINR is 79.83-79.53-78.49-.Resistance for the EURINR is 80.53-80.69-80.76-80.8- 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 in sideways and sellers was at high so for short term better buy above 80.561 or hold with stop at 79.97 The next resistance will be at 80.875 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 80.561 with a stop at 79.89 Below 79.78 go for sell and put stop at 80.451

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