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EURAUD sell trade idea 16 06 2021

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#OPINIONLEADER# #Signal#

SELL EURAUD 1.5751

SL: 1.5781

TP1: 1.5731

TP2: 1.5711

TP3: 1.5691

Signal Analysis by LCMS Traders

Currency Pair: EURAUD

SELL EURAUD 1.5751

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: -


EURAUD sell trade idea 16 06 2021



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