NZDUSD buy trade idea 07 06 2021
BUY NZDUSD 0.7202
SL: 0.7172
TP1: 0.7222
TP2: 0.7242
TP3: 0.7262
Signal Analysis by LCMS Traders
Currency Pair: NZDUSD
BUY NZDUSD 0.7202
Timeframe: H1
Step 1 - Previous News: NZD: Bank Holiday, USD: Jobs report more jobs added but lower-than-forecast, unemployment decline
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: NZD: -, USD: -
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