EURINR : Technical View : 21.11.2019
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* During it’s last session EURINR closed with positive note.
* Also, On the daily chart, the pair is trading above it’s upward sloping trendline indicating a uptrend.
* Additionally, It has sustained above the 50*200 days SMA’s, which is bullish for the counter.
* Moreover, a momentum indicator RSI (14) has sustained above it’s 50 level which indicates strength in the pair.
* So based on the above technical structure, we expect a bullish move in EURINR towards 79.72 level.
* Also, On the daily chart, the pair is trading above it’s upward sloping trendline indicating a uptrend.
* Additionally, It has sustained above the 50*200 days SMA’s, which is bullish for the counter.
* Moreover, a momentum indicator RSI (14) has sustained above it’s 50 level which indicates strength in the pair.
* So based on the above technical structure, we expect a bullish move in EURINR towards 79.72 level.