SELL EURAUD 1.5960
SL: 1.5990
TP1: 1.5940
TP2: 1.5920
TP3: 1.5900
Signal Analysis by LCMS Traders
Currency Pair: EURAUD
SELL EURAUD 1.5960
Timeframe: H1
Step 1 - Previous News: EUR: -, AUD: Retail Sales continued decline in consumer spending
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast turning down, slow up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: EUR: -, AUD: -
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