SELL EURCAD 1.4713
SL: 1.4743
TP1: 1.4693
TP2: 1.4673
TP3: 1.4653
Signal Analysis by LCMS Traders
Currency Pair: EURCAD
SELL EURCAD 1.4713
Timeframe: H1
Step 1 - Previous News: EUR: ECB President Lagarde expressed optimism in the economic outlook of eurozone, CAD: OPEC+ meetings delayed
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: ECB President Lagarde Speaks 2030hrs, CAD: Manufacturing PMI 2130hrs
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