EURINR : Technical View : 03.12.2019
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* The EURINR closed on a dull note by 0.01% during its previous trading session.
* But, the pair has sustained above its Ichimoku Cloud and has not tested it yet which signals that the
counter has upside momentum.
* Moreover, It has closed above the 20*50 Day EMA, which signals bullish strength.
* Additionally, the pair’s Stochastic (6) has made a positive crossover which indicates bullishness.
* So based on the above technical structure, we expect a bullish move in EURINR towards 79.40 level.
* But, the pair has sustained above its Ichimoku Cloud and has not tested it yet which signals that the
counter has upside momentum.
* Moreover, It has closed above the 20*50 Day EMA, which signals bullish strength.
* Additionally, the pair’s Stochastic (6) has made a positive crossover which indicates bullishness.
* So based on the above technical structure, we expect a bullish move in EURINR towards 79.40 level.