EUR/INR may rise to 92.377 - 92.996

Our pivot point is at 90.136.

Our preference

The upside prevails as long as 90.136 is support.

Alternative scenario

Below 90.136, expect 89.099 and 88.481.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 90.428 and 90.240).

Supports and resistances

94.233 **

93.614 *

92.996 **

92.377

91.025 last

90.543

90.136 **

89.099 *

88.481 **

Number of asterisks represents the strength of support and resistance levels.