EURAUD sell trade idea 23 07 2021
SELL EURAUD 1.6010
SL: 1.6040
TP1: 1.5990
TP2: 1.5970
TP3: 1.5950
Signal Analysis by LCMS Traders
Currency Pair: EURAUD
SELL EURAUD 1.6010
Timeframe: H1
Step 1 - Previous News: EUR: -, AUD: -
Step 2 - Trend: Up to Across, Counter Trend
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touch, slow small down
- Stochastic: H4 coming out from over sold
- PSAR: bearish
Step 5 - Upcoming News: EUR: Monetary Policy Statement 1945hrs, ECB Press Conference 2030hrs, AUD: Australian flash PMI tomorrow 0700hrs
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