SELL EURUSD 1.1733
SL: 1.1763
TP1: 1.1713
TP2: 1.1693
TP3: 1.1673
Signal Analysis
Currency Pair: EURUSD
SELL EURUSD 1.1733
Timeframe: H1
Step 1 - Previous News: EUR: -, USD: FOMC Member Bostic highlighted he is supportive of QE tapering
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touching, slow up
- Stochastic: H4 in over sold
- PSAR: bearish
Step 5 - Upcoming News: EUR: Eurozone and German ZEW Economic Sentiment data 1700hrs, USD: -
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