EURNZD buy trade idea 13 05 2021
BUY EURNZD 1.6860
SL: 1.6830
TP1: 1.6880
TP2: 1.6900
TP3: 1.6920
Signal Analysis by LCMS Traders
Currency Pair: EURNZD
BUY EURNZD 1.6860
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, NZD: -
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touching, slow down
- Stochastic: H4 going into overbought
- PSAR: bullish
Step 5 - Upcoming News: EUR: -, NZD: -
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