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EURNZD sell trade idea 04 10 2021

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#OPINIONLEADER# #Signal#

SELL EURNZD 1.6712

SL: 1.6742

TP1: 1.6692

TP2: 1.6672

TP3: 1.6652

Signal Analysis by LCMS Traders

Currency Pair: EURNZD

SELL EURNZD 1.6712 

Timeframe: H1

Step 1 - Previous News: EUR: Eurozone CPI flash annual inflation rose, NZD: -

Step 2 - Trend: Down, Trend Following

Step 3 - Support/Resistance: Bouncing Off Resistance

Step 4 - Indicators

- Bollinger Bands: within

- MACD: both up

- Stochastic: H4 heading up

- PSAR: bearish

Step 5 - Upcoming News: EUR: Eurogroup meetings held today, NZD:

EURNZD sell trade idea 04 10 2021

Edited 04 Oct 2021, 16:57

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