EURINR - THE BIG SHORT ?FX_IDC:EURINR Is on a constant downtrend from last year.
Based on the Moving Averages analysis on MTF, it looks like a good time to go SHORT.
TGT - 82.12,
2nd TGT - 80.3
STOPLOSS ABOVE 83.67
Eurinrprediction
EURINR Head and Shoulder Patternwe can not jump directly into signal here.
you should wait for market to completely close below the head and shoulder which is overall confirmation sign.
it can go above from here and than dump if this is eur overall looks weak so analyzing for now will enter next week
