SELL EURCAD 1.4818
SL: 1.4848
TP1: 1.4798
TP2: 1.4778
TP3: 1.4758
Signal Analysis by LCMS Traders
Currency Pair: EURCAD
SELL EURCAD 1.4818
Timeframe: H1
Step 1 - Previous News: EUR: ECB working toward inflation level “below, but close to, 2%”., CAD:-
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 1800hrs, ECB Monetary Policy Meeting Accounts 1930hrs, CAD: Employment data 2030hrs
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