EURNZD sell trade idea 17 06 2021
SELL EURNZD 1.6920
SL: 1.6950
TP1: 1.6900
TP2: 1.6880
TP3: 1.6860
Signal Analysis by LCMS Traders
Currency Pair: EURNZD
SELL EURNZD 1.6920
Timeframe: H1
Step 1 - Previous News: EUR: -, NZD: GDP q/q rebound in economic growth
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Moving Towards Suppoer
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: Final CPI y/y 1700hrs, NZD: -
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