Eur inr breakdown almost achieved short swing target 72.5

Eur inr future intraday forecast 11th November 2016 Eur inr future intraday forecast 11th November 2016 Eur inr future today closed at 72.85 with heavy loss. Euro broke down below 73.8 and almost achieved downside short swing target of 72.5 with today’s low of 72.65. Below 72.5 next target will be 71.35. Today breakdown suggesting very bearish trend and momentum for euro and more downside for euro in medium terms. For tomorrow, eur inr future intraday resistances as well as fresh short entry zones are 73.2 and 73.7. On downside 72.5 and 72 are support as well as fresh short sell targets.

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Pramod Baviskar

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