February 25, 2017

Mtechtips MCX-SX EURINR INTRADAY trading analysis 26-08-2016

MTECHTIPS Euro traded up snapping four-days of losses Thursday, ignoring disappointing German data, as the greenback remained fragile ahead of a speech by Federal Reserve Chairperson Janet Yellen at the economic symposniy at Jackson Hole on Friday.EURINR had a range bound move yesterday and after hitting a low of 75.54 settled at 75.67 levels. Intraday price action has resulted in formation of doji candle stick which pointing for indecisive trend in EURINR.  Further, pair would need to trade above 76.10 in order to test 76.35-76.65.else sell on every rise towards 75.85-75.95 Target 75.65-75.40. Stop loss above 76.10.




Comments are closed.

NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on MCXStar.com are their own, and not that of the website or its management. MCXStar.com advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.