Oct 06, 2017 10:30 AM IST | Source:

Sell EURINR; target of 76.45-76.20: Way2Wealth

Way2Wealth has come out with its report on currency. According to the research firm, one can Sell EURINR for the target of 76.45/76.20 with a stop loss of 77.32.

Way2Wealth's currency report on EURINR

After opening at 76.80 EURINR pair inched till the trend line resistance of 76.92 in the initial hours and  in the second half it gradually traded lower and finally ended at day’s low of 76.74 .The pair likely to remain under pressure and we could dip the immediate supports of 76.22 in coming sessions. Thus, trader can initiate selling on minor pullbacks around 76.90 levels for the day.

Action : Sell
Entry : 76.90
Target : 76.45/76.20
Stop Loss : 77.32

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