Mtechtips MCX-SX EURINR WEEKLY trading analysis 15-06-2015

Mtechtips MCX-SX EURINR WEEKLY trading analysis 15-06-2015
Mtechtips NSE Euro Rupee Future Last Closed At 71.84 With Loss. That Was 6th Losing Session For Euro. On Daily Chart Euro Still In Uptrend And Trading Above Month And 3 Month Averages With Sell Signal On Indicators And Corrective Patterns On Price. For Next Week, Eur Inr Support Zone Will Be 70.9 Which Is Also Target For This Corrective Move. On Upside 72.4 Is Strong Resistance. Short Sellers Must Keep Tight Stop Loss Above 72.4 For 70.9 And Below Targets In Next Week. On Euro Zone Crisis Euro Can Tumble Up To 69 In No Time So Stay Short With Strict GTC Stop Loss In System.
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