EURCAD sell trade idea 18 06 2021
SELL EURCAD 1.4723
SL: 1.4753
TP1: 1.4703
TP2: 1.4683
TP3: 1.4663
Signal Analysis
Currency Pair: EURCAD
SELL EURCAD 1.4723
Timeframe: H1
Step 1 - Previous News: EUR: Eurozone final CPI little change, CAD: CPI m/m inflation remained
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast turning down, slow up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: EUR: -, CAD: -
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