eur inr weekly technical analysis 16 to 20 may 2016

eur inr weekly technical analysis 16 to 20 may 2016NSE eur inr future this week closed at 76.03. Euro rupee future weekly chart price trend is bullish but momentum is losing out on profit booking in euro.   Eur inr future achieved my given upside tgts of 76.6 and 77.3 and now time to correct.   Watch 75.7 level and below it expect deep downside for euro with price tgts 75 and 74.15.   From long term view, euro rupee achieved my first tgt of 77.5 and now heading towards 71.8 support to test it.
Tag : eur/inr weekly technical analysis, eur to inr forecast for next week, indian rupee forecast for next week, indian rupee forecast tomorrow

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Pramod Baviskar

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