NZDUSD sell trade idea 22 06 2021
SELL NZDUSD 0.6968
SL: 0.6998
TP1: 0.6948
TP2: 0.6928
TP3: 0.6908
Signal Analysis by LCMS Traders
Currency Pair: NZDUSD
SELL NZDUSD 0.6968
Timeframe: H1
Step 1 - Previous News: NZD: Westpac Consumer Sentiment increase in the level of optimism, 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: NZD: -, USD: FOMC Member Daly Speaks 2300hrs, Fed Chair Powell Testifies tomorrow 0200hrs
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