EURAUD buy trade idea 13 05 2021
BUY EURAUD 1.5649
SL: 1.5619
TP1: 1.5669
TP2: 1.5689
TP3: 1.5709
Signal Analysis by LCMS Traders
Currency Pair: EURAUD
BUY EURAUD 1.5649
Timeframe: H1
Step 1 - Previous News: EUR: EU projects that the EU economy will expand by 4.2% this year, French and German banks holiday, AUD: -
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touch, slow small up
- Stochastic: H4 heading into over bought
- PSAR: bullish
Step 5 - Upcoming News: EUR: -, AUD: -
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