EURAUD sell trade idea 29 09 2021
SELL EURAUD 1.6068
SL: 1.6098
TP1: 1.6048
TP2: 1.6028
TP3: 1.6008
Signal Analysis by LCMS Traders
Currency Pair: EURAUD
SELL EURAUD 1.6068
Timeframe: H1
Step 1 - Previous News: EUR: -, AUD: Retail Sales slowdown in the decline in consumer spending
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: slightly out
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: ECB President Lagarde Speaks 2345hrs, AUD: Building Approvals tomorrow 0930hrs
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