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EURCAD sell trade idea 16 09 2021

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#OPINIONLEADER# #Signal#

SELL EURCAD 1.4922

SL: 1.4952

TP1: 1.4902

TP2: 1.4882

TP3: 1.4862

Signal Analysis by LCMS Traders 

Currency Pair: EURCAD

SELL EURCAD 1.4922 

Timeframe: H1

Step 1 - Previous News: EUR: , CAD: CPI m/m slowdown in the rise of prices

Step 2 - Trend: Across, Trend Following

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: fast up, slow touch

- Stochastic: H4 coming out from over sold

- PSAR: near bearish

Step 5 - Upcoming News: EUR: ECB President Lagarde Speaks 2000hrs, CAD: Housing Starts data 2015hrs

EURCAD sell trade idea 16 09 2021

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