Friday, November 29, 2019

EURINR : Technical View : 29.11.2019

EURINR : Technical View : 29.11.2019

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* The EURINR formed a strong green candle and rose by 0.28% during the previous trading session.

* Also, the pair has taken support of the lower Bollinger band and moved positively which signifies bullishness in the counter.

* Moreover, It has closed above the 50 Day EMA, which is positive for the counter.

* Moreover, momentum indicator Stochastic (6) has shown a positive crossover signaling strength.

* So based on the above technical structure, we expect a bullish move in EURINR towards 79.32 level.