Mtechtips MCX-SX EURINR INTRADAY trading analysis 06-12-2018

Mtechtips MCX-SX EURINR INTRADAY trading analysis 06-12-2018

Mtechtips  Euro is weakening against Indian Rupee .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 Buy the EURINR above 82.56 or buy with strict stop at 78.56. 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 80.02-.Resistance for the EURINR is 81.13-81.54-82.23-82.7-83.35-83.84- In medium term Euro is relatively strengthening against Yen- Dollar- In long term Euro is relatively strengthening against Dollar- Pound- 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 80.8875 with stop at 79.725 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 80.922 with a stop at 80.02 Below 79.83 go for sell

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