NZDUSD sell trade idea 13 10 2021
SELL NZDUSD 0.6932
SL: 0.6962
TP1: 0.6912
TP2: 0.6892
TP3: 0.6872
Signal Analysis by LCMS Traders
Currency Pair: NZDUSD
SELL NZDUSD 0.6932
Timeframe: H1
Step 1 - Previous News: NZD: G20 meetings will be held today, USD: G20 meetings will be held today
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touching, slow turning down
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: NZD: -, USD: CPI m/m 2030hrs, FOMC Meeting Minutes 0200hrs
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