NZDUSD buy trade idea 30 07 2021

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#OPINIONLEADER# #Signal#

BUY NZDUSD 0.7005

SL: 0.6975

TP1: 0.7025

TP2: 0.7045

TP3: 0.7065

Signal Analysis by LCMS Traders 

Currency Pair: NZDUSD

BUY NZDUSD 0.7005 

Timeframe: H1

Step 1 - Previous News: NZD: Building Consents m/m increase, USD: Advance GDP q/q fell short of expectation

Step 2 - Trend: Up, Trend Following

Step 3 - Support/Resistance: Moving Towards Resistance

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both down, fast turning

- Stochastic: H4 heading down

- PSAR: bearish

Step 5 - Upcoming News: NZD: -, USD: Core PCE Price Index m/m 2030hrs, FOMC Member Brainard Speaks tomorrow 0830hrs


NZDUSD buy trade idea 30 07 2021



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