Eur inr bottoming out? Buy around 72.5

Eur inr bottoming out Buy around 72.5

Euro rupee future forecast for 18th November 2016

Eur inr future today closed at 72.95 with gain. Euro is in downtrend but now showing signs of bottoming out. For short term traders keep buy on dips view with stop loss below 72.4 and expect upside targets of 73.3 to 73.5. Positional swing traders with same stop loss can follow same buy on dips strategy and expect target at 73.82 in medium terms.

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