NZDUSD buy trade idea 31 08 2021
BUY NZDUSD 0.7052
SL: 0.7022
TP1: 0.7072
TP2: 0.7092
TP3: 0.7112
Signal Analysis by LCMS Traders
Currency Pair: NZDUSD
BUY NZDUSD 0.7052
Timeframe: H1
Step 1 - Previous News: NZD: Building Consents slowdown, USD: -
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: slightly out
- MACD: both up
- Stochastic: H4 heasing up
- PSAR: bullish
Step 5 - Upcoming News: NZD: -, USD: Conference Board Consumer Confidence 2200hrs
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