EURNZD buy trade idea 20 05 2021
SELL EURNZD 1.6947
SL: 1.6977
TP1: 1.6927
TP2: 1.6907
TP3: 1.6887
Signal Analysis by LCMS Traders
Currency Pair: EURNZD
SELL EURNZD 1.6947
Timeframe: H1
Step 1 - Previous News: EUR: Eurozone final CPI little changed, NZD: -
Step 2 - Trend: Up, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: -, NZD: -
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