AUDUSD sell trade idea 22 06 2021
SELL AUDUSD 0.7511
SL: 0.7541
TP1: 0.7491
TP2: 0.7471
TP3: 0.7451
Signal Analysis by LCMS Traders
Currency Pair: AUDUSD
SELL AUDUSD 0.7511
Timeframe: H1
Step 1 - Previous News: AUD: Retail Sales slowdown in consumer spending, USD: -
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: AUD: Flash PMI tomorrow 0700hrs, USD: FOMC Member Daly Speaks 2300hrs, Fed Chair Powell Testifies tomorrow 0200hrs
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