14 Sep 2020 ● 06:00 AM
EURINR took a u turn and closed above the 40dema pushing the daily momentum back into buy mode. Drawing a parallel channel to the recent low we get support at 86.6 and the top end of the channel goes to 91. Price can move inside the channel as long as the trend is in tact. A move above the 20dma at 87.48 would further add weight to the upward trend.