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NZDUSD sell trade idea 04 06 2021

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#OPINIONLEADER# #Signal#

SELL NZDUSD 0.7151

SL: 0.7181

TP1: 0.7131

TP2: 0.7111

TP3: 0.7091

Signal Analysis by LCMS Traders 

Currency Pair: NZDUSD

SELL NZDUSD 0.7151 

Timeframe: H1

Step 1 - Previous News: NZD: -, USD: IHS Markit Final Services slight upward revision, ISM Services PMI increase

Step 2 - Trend: Down, Trend Following

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both up

- Stochastic: H4 came out from over sold

- PSAR: bullish

Step 5 - Upcoming News: NZD: Bank Holiday next monday, USD: Fed Chair Powell Speaks 1900hrs, Jobs report 2030hrs


NZDUSD sell trade idea 04 06 2021



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