NZDUSD BUY TRADE IDEA 26 04 2021

#OPINIONLEADER#

BUY NZDUSD 0.7182

SL: 0.7152

TP1: 0.7202

TP2: 0.7222

TP3: 0.7242

*Trading conditions may differ between account types and brokers.

Signal Analysis by LCMS Traders

Currency Pair: NZDUSD

Timeframe: H1

Step 1 - Previous News: NZD: -, USD: Unemployment Claims data decline in the number of unemployment benefits

Step 2 - Trend: Across, Counter Trend

Step 3 - Support/Resistance: Bouncing Off Support

Step 4 - Indicators

- Bollinger Bands: within

- MACD: both up

- Stochastic: H4 heading up

- PSAR: bullish

Step 5 - Upcoming News: NZD: Bank Holiday next Monday, USD: Flash PMI data 2145hrs, New Home Sales data 2200hrs