BUY AUDUSD 0.7532
SL: 0.7502
TP1: 0.7552
TP2: 0.7572
TP3: 0.7592
Signal Analysis by LCMS Traders
Currency Pair: AUDUSD
BUY AUDUSD 0.7532
Timeframe: H1
Step 1 - Previous News: AUD: Retail Sales m/m increased, Building Approvals decreased, USD: U.S. jobs report last Friday indicated a higher-than-expected job gains, Unemployment rate rose slightly
Step 2 - Trend: Down to Up, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both touch to up
- Stochastic: H4 cam out from over sold
- PSAR: bullish
Step 5 - Upcoming News: AUD: -, USD: Bank Holiday today
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