EURAUD sell trade idea 15 06 2021
SELL EURAUD 1.5720
SL: 1.5750
TP1: 1.5700
TP2: 1.5680
TP3: 1.5660
Signal Analysis by LCMS Traders
Currency Pair: EURAUD
SELL EURAUD 1.5720
Timeframe: H1
Step 1 - Previous News: EUR: -, AUD: RBA target cash rate of 0.1%, purchase additional $100 billion government bonds at same rate of $5 billion per week
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast down, slow touch
- Stochastic: H4 heading down
- PSAR: bullish
Step 5 - Upcoming News: EUR: -, AUD: -
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