NZDUSD sell trade idea 13 10 2021

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SL: 0.6962

TP1: 0.6912

TP2: 0.6892

TP3: 0.6872

Signal Analysis by LCMS Traders

Currency Pair: NZDUSD


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

NZDUSD sell trade idea 13 10 2021

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