EURAUD sell trade idea 23 06 2021
SELL EURAUD 1.5798
SL: 1.5828
TP1: 1.5778
TP2: 1.5758
TP3: 1.5738
Signal Analysis by LCMS Traders
Currency Pair: EURAUD
SELL EURAUD 1.5798
Timeframe: H1
Step 1 - Previous News: EUR: Eurozone Consumer Confidence slight decline, AUD: Flash PMI slowdown in the pace of expansion
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: slow down, fast up
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: French flash PMI 1515hrs, German Flash PMI 1530hrs, Eurozone flash PMI 1600hrs, ECB President Lagarde Speaks tomorrow 0000hrs, AUD: -
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