EUR/INR may rise to 92.473 - 93.359

89.386 is our pivot point.

Our preference

The upside prevails as long as 89.386 is support.

Alternative scenario

Below 89.386, expect 87.898 and 87.013.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 90.323 and 90.141).

Supports and resistances

95.133 **

94.246 *

93.359 **

92.473

90.683 last

89.970

89.386 **

87.898 *

87.013 **

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