The Euro is in the Support Zone I drew in a previous post.
I expect it to swing up from here. However, there is a possibility that the forthcoming British referendum on leaving or staying in the EU may cast a shadow and tempt the market into pushing the Euro down against the US Dollar.
Caution is warranted: watch for the beginning of the rebound before betting on the upswing.
The Nifty50 reclaimed its crucial level of 7,450 supported by gains in IT, metal, auto, oil & gas, and power stocks. intraday stock cash tips
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