Mtechtips MCX-SX EURINR INTRADAY trading analysis 10-12-2018

Mtechtips MCX-SX EURINR INTRADAY trading analysis 10-12-2018

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 on BUY Signal and EURINR is recovering from oversold level .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 on BUY Signal and EURINR is recovering from oversold level For short term Euro is in HOLD SHORT position.Positionally Support for EURINR is 80.33-79.89-.Resistance for the EURINR is 81.55-81.98-82.7-83.37-83.66- 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 In short term EURINR is in strong up trend so hold with stop at 80.428 The EURINR is now trading is approaching overbought level. The EURINR is now trading is approaching overbought level. The oscillator is on SELL signal and EURINR is coming down from overbought level Intraday Trend- Buy is advised above 81.072 with a stop at 80.549 Below 80.479 go for sell with a stop at 81.002

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