BUY AUDUSD 0.7578
SL: 0.7548
TP1: 0.7598
TP2: 0.7618
TP3: 0.7638
Signal Analysis by LCMS Traders
Currency Pair: AUDUSD
BUY AUDUSD 0.7578
Timeframe: H1
Step 1 - Previous News: AUD: -, USD: Flash PMI continued expansion, New Home Sales decline
Step 2 - Trend: Down to Up, Trend Following
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast turning, slow down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: AUD: -, USD: Final GDP q/q & Unemployment Claims 2030hrs, FOMC Member Bostic Speaks 2130hrs, FOMC Member Williams Speaks 2300hrs
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