SELL NZDUSD 0.6993
SL: 0.7023
TP1: 0.6973
TP2: 0.6953
TP3: 0.6933
Signal Analysis by LCMS Traders
Currency Pair: NZDUSD
SELL NZDUSD 0.6993
Timeframe: H1
Step 1 - Previous News: NZD: -, USD: Conference Board Consumer Confidence increase in the level of optimism
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touch down, slow up
- Stochastic: H4 heading up
- PSAR: near bearish
Step 5 - Upcoming News: NZD: Building Consents tomorrow 0645hrs, USD: ADP Non-Farm Employment Change 2015
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