NZDUSD sell trade idea 18 06 2021
SELL NZDUSD 0.6976
SL: 0.7006
TP1: 0.6956
TP2: 0.6936
TP3: 0.6916
Signal Analysis by LCMS Traders
Currency Pair: NZDUSD
SELL NZDUSD 0.6976
Timeframe: H1
Step 1 - Previous News: NZD: -, USD: Unemployment Claims unexpected rise in the number
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: fast down, slow touch
- Stochastic: H4 came out from over sold
- PSAR: bearish
Step 5 - Upcoming News: NZD: -, USD: -
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