We have already recommended waiting for the crossover levels.
Bullish side rally will initiate after the crossover of 67.186 level. It will over after breakout of the following target: 67.492 – 67.852 – 68.105 levels.
Solid Support: 66.818
Create Alert! EURINR index is very close to the target
Strong Resistance: 79.0064
But don’t sell after the breakout of the resistance level. Why? Because of technical indicators are indicating a solid uptrend after this level breakout. It can be up to 80.1007 level.
*Events : India Nikkei Services Purchasing Managers Index (PMI)
Get free forex & currency ideas, chart setups, and analysis for the upcoming session: Forex Signals →
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Research Reports, Premium screens, and much more. You΄ll quickly identify which commodities to buy, which to sell, and target today΄s hottest industries.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.