SELL EURAUD 1.5664
SL: 1.5694
TP1: 1.5644
TP2: 1.5624
TP3: 1.5604
Signal Analysis by LCMS Traders
Currency Pair: EURAUD
SELL EURAUD 1.5664
Timeframe: H1
Step 1 - Previous News: EUR: -, AUD: Retail Sales higher than forecasted, Building Approvals stronger than expected decline
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both down
- Stochastic: H4 in over sold
- PSAR: bearish
Step 5 - Upcoming News: EUR: German ZEW Economic Sentiment & Eurozone Retail Sales 1700hrs, AUD: -
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