NACHATUR

EURINR: A Long Idea

Long
FX_IDC:EURINR   EURO / INDIAN RUPEE
108 views
0
In the past week INR gained strength against USD, GBP, and EUR. However, this appears to be a short term blip.

In the short term EURINR has taken support at 200 days ema and recovery has started on Friday, 5th Feb. Taking positional call, stop loss may be kept at 86.8000 and target would be at 90.7000.

Disclaimer: This is not an advice to buy n sell. For educational purpose only.