SELL EURUSD 1.1712
SL: 1.1742
TP1: 1.1692
TP2: 1.1672
TP3: 1.1652
Signal Analysis by LCMS Traders
Currency Pair: EURUSD
SELL EURUSD 1.1712
Timeframe: H1
Step 1 - Previous News: EUR: Eurozone and German ZEW Economic Sentiment strong decline in economic sentiment, USD: -
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast down, slow turning
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: -, USD: CPI m/m 2030hrs, FOMC Member Bostic Speaks 2230hrs
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