SELL USDCAD 1.2479
SL: 1.2509
TP1: 1.2459
TP2: 1.2439
TP3: 1.2419
Signal Analysis by LCMS Traders
Currency Pair: GBPUSD
SELL USDCAD 1.2479
Timeframe: H1
Step 1 - Previous News: USD: FOMC held interest rate unchanged, QE maintaining $120 billion/month, CAD: CPI m/m decline in inflation
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast flat, slow down
- Stochastic: H4 in over sold
- PSAR: bearish
Step 5 - Upcoming News: USD: -, CAD: -
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