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- 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.
