NZDUSD sell trade idea 17 08 2021

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#OPINIONLEADER# #Signal#

SELL NZDUSD 0.6947

SL: 0.6977

TP1: 0.6927

TP2: 0.6907

TP3: 0.6887

Signal Analysis by LCMS Traders

Currency Pair: NZDUSD

SELL NZDUSD 0.6947 

Timeframe: H1

Step 1 - Previous News: NZD: -, USD: -

Step 2 - Trend: Down, Trend Following

Step 3 - Support/Resistance: Breaking Through Support

Step 4 - Indicators

- Bollinger Bands: out 

- MACD: both down

- Stochastic: H4 in over sold

- PSAR: bearish

Step 5 - Upcoming News: NZD: -, USD: Retail sales m/m 2030hrs

NZDUSD sell trade idea 17 08 2021

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