EURNZD sell trade idea 04 06 2021
SELL EURNZD 1.6930
SL: 1.6960
TP1: 1.6910
TP2: 1.6890
TP3: 1.6870
Signal Analysis by LCMS Traders
Currency Pair: EURNZD
SELL EURNZD 1.6930
Timeframe: H1
Step 1 - Previous News: EUR: Eurozone Final Services slight upward revision, NZD: -
Step 2 - Trend: Up, Counter Trend
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: Retail Sales 1700hrs, ECB President Lagarde Speaks 1900hrs, NZD: Bank Holiday next Monday
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