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EURAUD sell trade idea 02 09 2021

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#OPINIONLEADER# #Signal#

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

EURAUD sell trade idea 02 09 2021

Edited 02 Sep 2021, 08:32

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