eurinr weekly-almost achieved 76.5 tgt support 75

eurinr weekly-almost achieved 76.5 tgt support 75
Euro rupee future this week closed with loss on fresh weakness.
 
Eur inr future almost achieved my first target of 76.5 with high of 76.36.
 
On downside 75 rupee is major support and euro heading towards it to test it.
 
Above 75, outlook and trading strategy for euro will remain bullish. Targets will be 76.5 and then 77.3 possibly.
 
Weekly closing below 75 means fresh breakdown signal for euro with downcycle and downward targets of 74.15 and 72.6.

Tag : euro to inr forecast for next week, euro to inr forecast for tomorrow, Euro rupee future this week, outlook and trading strategy,  breakdown signal for euro

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Updated: 05/06/2017 — 4:48 AM

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Pramod Baviskar

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