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EURAUD sell trade idea 24 08 2021

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#OPINIONLEADER# #Signal#

SELL EURAUD 1.6252

SL: 1.6282

TP1: 1.6232

TP2: 1.6212

TP3: 1.6192

Signal Analysis by LCMS Traders 

Currency Pair: EURAUD

SELL EURAUD 1.6252 

Timeframe: H1

Step 1 - Previous News: EUR: French flash PMI continue to expand, German Flash PMI slowdown in the pace of expansion, Eurozone flash PMI business activities remain strong, employment in the eurozone grew, AUD: Flash PMI slowdown in business activities

Step 2 - Trend: Up to Across, Counter Trend

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: fast touch, slow down

- Stochastic: H4 in over sold

- PSAR: bearish

Step 5 - Upcoming News: EUR: -, AUD: -

EURAUD sell trade idea 24 08 2021

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