Mtechtips MCX-SX EURINR INTRADAY trading analysis 10-09-2018

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Mtechtips MCX-SX EURINR INTRADAY trading analysis 10-09-2018

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 . Cautious point is 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 The current position is BUY .Positionally Support for EURINR is 82.6-81.8-80.9-80.48-80.1-79.99-79.06-. Immediate resistance for EURINR is 84.41

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 Last few days JPYINR is moving down Currently EURINR is in HOLD LONG position In short term EURINR is in strong up trend so hold with stop at 83.572 The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 83.968 with a stop at 83.293 Below 83.183 go for sell with stop at 83.857

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