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EURAUD sell trade idea 04 08 2021

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#OPINIONLEADER# #Signal#

SELL EURAUD 1.6025

SL: 1.6055

TP1: 1.6005

TP2: 1.5985

TP3: 1.5965

Signal Analysis by LCMS Traders

Currency Pair: EURAUD

SELL EURAUD 1.6025 

Timeframe: H1

Step 1 - Previous News: EUR: -, AUD: Australian Retail Sales unchange

Step 2 - Trend: Down, Trend Following

Step 3 - Support/Resistance: Breaking Through Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both touch heading down

- Stochastic: H4 in over sold

- PSAR: bearish

Step 5 - Upcoming News: EUR: Eurozone Retail Sale 1700hrs, AUD: -

EURAUD sell trade idea 04 08 2021

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