SELL EURAUD 1.5755
SL: 1.5785
TP1: 1.5735
TP2: 1.5715
TP3: 1.5695
Signal Analysis by LCMS Traders
Currency Pair: EURAUD
SELL EURAUD 1.5755
Timeframe: H1
Step 1 - Previous News: EUR: French flash PMI continued expansion, German Flash PMI continue expanded at faster pace, Eurozone flash PMI expanded at fastest pace, AUD: -
Step 2 - Trend: Across to Down, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up
- Stochastic: H4 came out from over sold
- PSAR: bullish
Step 5 - Upcoming News: EUR: German ifo Business Climate 1600hrs, AUD: -
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