EURINR : Technical View : 28.11.2019
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* On the daily chart, the EURINR faced pressure and fell by 0.24 % during the previous trading session.
* Also, the pair has started trading below the Parabolic SAR which signifies bearishness in the counter.
* Moreover, It has sustained below the 50*200 days EMA’s, which is weak for the counter.
* Moreover, the pair has closed below its Ichimoku Cloud which signals that bearish momentum can be expected in the near term.
* So based on the above technical structure, we expect a bearish move in EURINR towards 78.71 level.
* Also, the pair has started trading below the Parabolic SAR which signifies bearishness in the counter.
* Moreover, It has sustained below the 50*200 days EMA’s, which is weak for the counter.
* Moreover, the pair has closed below its Ichimoku Cloud which signals that bearish momentum can be expected in the near term.
* So based on the above technical structure, we expect a bearish move in EURINR towards 78.71 level.