NZDUSD sell trade idea 24 09 2021
SELL NZDUSD 0.7050
SL: 0.7080
TP1: 0.7030
TP2: 0.7010
TP3: 0.6990
Signal Analysis
Currency Pair: NZDUSD
SELL NZDUSD 0.7050
Timeframe: H1
Step 1 - Previous News: NZD: -, USD: Flash PMI data continued expansion in business activities
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: NZD: -, USD: Fed Chair Powell Speaks 2200hrs, New Home Sales 2200hrs, FOMC Member Williams Speaks tomorrow 1900hrs
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