SELL EURNZD 1.6901
SL: 1.6931
TP1: 1.6881
TP2: 1.6861
TP3: 1.6841
Signal Analysis
Currency Pair: EURNZD
SELL EURNZD 1.6901
Timeframe: H1
Step 1 - Previous News: EUR: -, NZD: Not increasing interest rates last week was due to communication challenges and not economic risks
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast down, slow up
- Stochastic: H4 heading up
- PSAR: bearish
Step 5 - Upcoming News: EUR: German ifo Business Climate 1600hrs, NZD: -
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