EURUSD sell trade idea 06 10 2021

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SL: 1.1606

TP1: 1.1556

TP2: 1.1536

TP3: 1.1516

Signal Analysis by LCMS Traders

Currency Pair: EURUSD


Timeframe: H1

Step 1 - Previous News: EUR: -, USD: ISM Services PMI continued expansion

Step 2 - Trend: Across, Trend Following

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both down

- Stochastic: H4 heading down

- PSAR: bearish

Step 5 - Upcoming News: EUR: Eurozone Retail Sales 1700hrs, USD: ADP Non-Farm Employment Change 2015hrs, FOMC Bostic speaks 2100hrs

EURUSD sell trade idea 06 10 2021

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