Mtechtips MCX-SX EURINR INTRADAY trading analysis 05-09-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 05-09-2018

Mtechtips Euro is Strongly strengthening against Indian Rupee .Currently Euro is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. 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 The current position is BUY .Positionally Support for EURINR is 81.78-80.98-80.54-80.19-80-79.85-78.94-. Immediate resistance for EURINR is 84.28

In medium term Euro is relatively strengthening against Yen- 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 EURINR is in side ways and sellers at high so for short term better buy above 83.945 with stop at 82.395 The next resistance will be at 83.945 The EURINR is now trading in highly overbought level. The EURINR is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 83.968 with a stop at 82.724 Below 82.425 go for sell

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