EURAUD sell trade idea 02 09 2021
SELL EURAUD 1.6053
SL: 1.6083
TP1: 1.6033
TP2: 1.6013
TP3: 1.5993
Signal Analysis by LCMS Traders
Currency Pair: EURAUD
SELL EURAUD 1.6053
Timeframe: H1
Step 1 - Previous News: EUR: Eurozone Unemployment Rate decline in unemployment, AUD: Australian GDP q/q higher than forecasted economic growth
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: fast down
- Stochastic: H4 across
- PSAR: bearish
Step 5 - Upcoming News: EUR: -, AUD: Retail Sales m/m tomorrow 0900hrs
Edited 02 Sep 2021, 16:32
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