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EURINR Expected Movement Nov 2021/ Future Movement

 


Hello Everyone. This is Manish over here from Forexblues.com, save money earn money. Hope you guys are doing well. So today we will be hopping into the EURINR chart directly to see the upcoming movement of Euro.

EURINR is at 84.20 level right now. Looking into the closer view of the EURINR Chart, we can see that there’s a strong resistance at 83.80.



EURINR has plunged from 87.00 level to 85.00 following a downtrend upto 83.80. By analyzing it deeply, and looking widely into the chart we can conclude that the depreciation in the EURINR will take a pause and there will be a change of trend in it followed by the different parameters like MACD, RSI, BB & Stochastic RSI. The RSI is in over sold position. All these indicators are giving a signal for an uptrend.

Now the question is how much will it appreciate? And what are the levels ?

So, if you look into the chart you can see that the resistance is at 86.00 level. Hence we can say that there will be a trend reversal in EURINR very soon upto 86.00 level.

Hope you like this article.

If you have any queries then please do write to us and ask questions anytime you wish.

Thank You.

 

 

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