NZDUSD sell trade idea 27 07 2021

#OPINIONLEADER# #Signal#

SELL NZDUSD 0.6954

SL: 0.6984

TP1: 0.6934

TP2: 0.6914

TP3: 0.6894

Signal Analysis by LCMS Traders 

Currency Pair: NZDUSD

SELL NZDUSD 0.6960 

Timeframe: H1

Step 1 - Previous News: NZD: -, USD: Flash PMI continued expansion

Step 2 - Trend: Across, Trend Following

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both down

- Stochastic: H4 heading down

- PSAR: bearish

Step 5 - Upcoming News: NZD: -, USD: New Home Sales 2200hrs