Its look like you missed the opportunityEURINR hit the high of 86.20 in Friday trading session, and kissed dull target of 86.00 as I mentioned in last forex tips newsletter, click here to read newsletter.
what for today?
EURINR CHART ↓
Again on its resistance of 86.02, but this currency pair is looking weak to break resistance and we must see bloodbath to 85.00 – 84.00 and 83.28. Remember once cross and stays above it with high volume can make it bounce to 87.00 – 88.00 and 89.00 as well.
The currency pair must test 1.3732 – 1.3772 in next trading days only if holds support at 1.3625. Intraday traders can take position after 1.3675. Safe traders must keep stop loss at 1.3645.
It should continue to rally to 0.8336 or 0.8372 if hold support of 0.8266. After which a pullback to 0.8236 – 0.8200 zone is possible.
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