NZDUSD buy trade idea 14 10 2021
BUY NZDUSD 0.6982
SL: 0.6952
TP1: 0.7002
TP2: 0.7022
TP3: 0.7042
Signal Analysis
Currency Pair: NZDUSD
BUY NZDUSD 0.6982
Timeframe: H1
Step 1 - Previous News: NZD: -, USD: CPI m/m increase
Step 2 - Trend: Across to Up, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast down, slow up
- Stochastic: H4 heading into over bought
- PSAR: bullish
Step 5 - Upcoming News: NZD: -, USD: PPI & Unemployment Claims 2030hrs, FOMC Member Barkin Speaks 0100hrs
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