EURINR Trade idea-24 Oct

EURINR Trade idea-24 Oct

24 Oct 2019 03:31 PM

EURINR:- On a 4-hour chart - the pair EURINR is trading above both short and long term moving average of 50 and 200 period. It is noticed that last candle has managed to give a close above 50 period and a trend-line resistance. RSI(14) is above its 50 mark, while MACD and signal line both are heading north to cross the zero-line

Our Preference:- Buy at 78.97

Target- 79.44

Stop loss- 78.74