EURNZD buy trade idea 26 07 2021
BUY EURNZD 1.6930
SL: 1.6900
TP1: 1.6950
TP2: 1.6970
TP3: 1.6990
Signal Analysis by LCMS Traders
Currency Pair: EURNZD
BUY EURNZD 1.6930
Timeframe: H1
Step 1 - Previous News: EUR: French flash PMI continued expansion, German Flash PMI record high in pace of expansion, Eurozone flash PMI expanded , NZD: -
Step 2 - Trend: Down, Counter Trend
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: EUR: German ifo Business Climate 1600hrs, NZD: -
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