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EURAUD sell trade idea 06 09 2021

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#OPINIONLEADER# #Signal#

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: -

EURAUD sell trade idea 06 09 2021

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