Sell EURINR; target of 72.02: Karvy

Karvy has come out with its currency report. According to the research firm, one can enter EURINR at 72.30-72.40 for target of 72.02 with a stop loss of 72.50.

June 09, 2017 / 10:41 IST

Karvy's currency report on EURINR
This is the daily chart of EURUSD,the pair opened at 1.1203 and made a high of 1.1234 and saw the pair trading side wise in Asia session and in Europe session the pair had some supply and came lower, the pair is having a supply zone of 1.1280-1.1350 and now started to show sign of exhaustion with MACD indicator giving a crossove rexpects the pair to trade volatile for the dayin the range of 1.1160-1.1240.

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first published: Jun 9, 2017 10:41 am

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