NZDUSD sell trade idea 27 07 2021
SELL NZDUSD 0.6954
SL: 0.6984
TP1: 0.6934
TP2: 0.6914
TP3: 0.6894
Signal Analysis by LCMS Traders
Currency Pair: NZDUSD
SELL NZDUSD 0.6960
Timeframe: H1
Step 1 - Previous News: NZD: -, USD: Flash PMI continued expansion
Step 2 - Trend: Across, 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: New Home Sales 2200hrs
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