EURUSD buy trade idea 29 07 2021

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#OPINIONLEADER# #Signal#

BUY EURUSD 1.1863

SL: 1.1833

TP1: 1.1883

TP2: 1.1903

TP3: 1.1923

Signal Analysis by LCMS Traders 

Currency Pair: EURUSD

BUY EURUSD 1.1863 

Timeframe: H1

Step 1 - Previous News: EUR: -, USD: FOMC held interest rate unchanged, QE maintaining $120 billion/month

Step 2 - Trend: Across to Up, Trend Following

Step 3 - Support/Resistance: Breaking Through Resistance

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: slow up, fast turning

- Stochastic: H4 in over bought

- PSAR: bullish

Step 5 - Upcoming News: EUR: ECB Monetary Policy Meeting Accounts tentative timing, USD: -

EURUSD buy trade idea 29 07 2021

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