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EURNZD buy trade idea

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BUY EURNZD 1.6740 

SL: 1.6710

TP1: 1.6760

TP2: 1.6780

TP3: 1.6800


*Trading conditions may differ between account types and brokers.

Signal Analysis by LCMS Traders 

Currency Pair:  EURNZD

Timeframe: H1

Step 1 - Previous News:  EUR: -, NZD: -

Step 2 - Trend:  Across, Counter Trend

Step 3 - Support/Resistance: Bouncing Off Support

Step 4 - Indicators

- Bollinger Bands: within  

- MACD: both up

- Stochastic: H4 heading up

- PSAR:  bullish

Step 5 - Upcoming News:  EUR: Monetary Policy Statement 1945hrs, Press conference 2030hrs, NZD: -

 

EURNZD buy trade idea



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Verified Person
FxScotty
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Was a winning trade taken before the turn lower earlier this morning :)

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