eur inr future remain sell on rise for corrective tgt 71.4

eur rupee positional currency tips on 19 may 2017

eur rupee positional currency tips on 19 may 2017

keep sell on rise view on eur inr future of may expiry around 72.45+ with strict stop loss and expect corrective target of 71.4 in next week.

  euro rupee future after breakout at 69.7 entered into strong bullish trend and hit may swing targets at 71.4 and then 72.4. now looking ovrbought and forming topped out pattern on intraday chart. eir inr currency future on intraday chart has resistances at 72.55 and then 72.7 while on downside expect support zones at 71.16 and then 71.98.

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