EURAUD buy trade idea 19 08 2021
BUY EURAUD 1.6209
SL: 1.6179
TP1: 1.6229
TP2: 1.6249
TP3: 1.6269
Signal Analysis by LCMS Traders
Currency Pair: EURAUD
BUY EURAUD 1.6209
Timeframe: H1
Step 1 - Previous News: EUR: -, AUD: Employment data strong increased while Unemployment Rate decline
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both up
- Stochastic: H4 heading into over bought
- PSAR: bullish
Step 5 - Upcoming News: EUR: -, AUD: RBA Assist Gov Kent Speaks tomorrow 0705hrs
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