SELL EURCAD 1.4900
SL: 1.4930
TP1: 1.4880
TP2: 1.4860
TP3: 1.4840
Signal Analysis by LCMS Traders
Currency Pair: EURCAD
SELL EURCAD 1.4900
Timeframe: H1
Step 1 - Previous News: EUR: -, CAD: Housing Starts data slight decline
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast down, slow touch
- Stochastic: H4 heading into over sold
- PSAR: bullish
Step 5 - Upcoming News: EUR: -, CAD: -
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