SELL EURNZD 1.6607
SL: 1.6637
TP1: 1.6587
TP2: 1.6567
TP3: 1.6547
Signal Analysis by LCMS Traders
Currency Pair: EURNZD
SELL EURNZD 1.6607
Timeframe: H1
Step 1 - Previous News: EUR: ECB held its interest rates unchanged, PEPP and APP unchanged, slow down the pace of net asset purchases, NZD: -
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: ECB President Lagarde Speaks 1730hrs, NZD: -
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