EURINR Intraday Outlook : 22.3.2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Euro is trading at 1.0794, after being topped at 1.0822. Optimism about Centrist candidate Macron defeating anti EU leader Le Pen in French Presidential election has boosted euro to trade above its six weeks high. Change of policy stance by ECB member Weidmann from dovish to neutral has aided euro further. There was no major economic data that was reported yesterday. ECB’s Lautenschalaeger is scheduled to speak today. Expect EUR/USD pair to trade in a range of 1.0765-1.0810 for the day.