• FxWirePro: EUR/INR back above 79.00 Mark, German ZEW (Centre for European Economic Research) economic sentiment data in focus

    المصدر: FxWire Pro - Technicals / 17 سبتمبر 2019 05:15:12   America/New_York

    • EUR/INR is currently trading around 79.14 mark.
       
    • It made intraday high at 79.15 and low at 78.83 mark.
       
    • Intraday bias remains bullish for the moment.
       
    • A daily close above 78.93 will drag the parity up towards key resistance around 79.30, 79.63, 80.45, 80.85, 81.04 and 81.54 marks respectively.
       
    • Alternatively, a sustained close below 78.93 will take the parity down towards key supports around 78.40, 77.73, 77.12 and 76.82 marks respectively.

    We prefer to go long on EUR/INR around 79.10, stop loss at 78.80 and target of 79.63.

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