EURINR : Technical View : 02.12.2019
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* The EURINR closed flat by 0.06% during its previous trading session.
* But, the pair has taken support of the lower Bollinger band and moved positively which signifies that the counter has upside momentum.
* Moreover, It has closed above the 200 Day EMA, which signals bullish strength.
* Additionally, the pair’s Heikin Ashi has formed a fresh green candle which indicates bullish control.
* So based on the above technical structure, we expect a bullish move in EURINR towards 79.40 level.
* But, the pair has taken support of the lower Bollinger band and moved positively which signifies that the counter has upside momentum.
* Moreover, It has closed above the 200 Day EMA, which signals bullish strength.
* Additionally, the pair’s Heikin Ashi has formed a fresh green candle which indicates bullish control.
* So based on the above technical structure, we expect a bullish move in EURINR towards 79.40 level.