December 10, 2016

 

Mtechtips MCX-SX EURINR INTRADAY trading analysis 31-08-2016

MTECHTIPS Euro traded down for third straight session Tuesday tracking dollar strength against other major currencies after US Federal Reserve Chairperson Janet Yellen’s speech at Jackson Hole increased fears of a near-term Fed rate hike even as investors await the release of US jobs report for August.EURINR extended its fall for second consecutive day and after breaching the support 75.30 settled at 75.23 levels. Today, EURINR expect to remain bearish as it broke crucial support 75.30 and may test 75.00-74.80 very soon.On the upside, immediate resistance is seen at 75.80-76.10.

WWW.MTECHTIPS.COM

07489294118-119

 

mtech_tips1

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.