BUY EURUSD 1.1883
SL: 1.1853
TP1: 1.1903
TP2: 1.1923
TP3: 1.1943
Signal Analysis by LCMS Traders
Currency Pair: EURUSD
BUY EURUSD 1.1883
Timeframe: H1
Step 1 - Previous News: EUR: -, USD: Advance GDP q/q fell short of expectation
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast turing, slow down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: Eurozone CPI flash estimate y/y 1700hrs, USD: Core PCE Price Index m/m 2030hrs, FOMC Member Brainard Speaks tomorrow 0830hrs
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