SELL AUDUSD 0.7346
SL: 0.7376
TP1: 0.7326
TP2: 0.7306
TP3: 0.7286
Signal Analysis by LCMS Traders
Currency Pair: AUDUSD
SELL AUDUSD 0.7346
Timeframe: H1
Step 1 - Previous News: AUD: CPI q/q increased , USD: Conference Board Consumer Confidence increase in sentiment
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: AUD: -, USD: FOMC Statement & Funds Rate 0200hrs, Press Conference 0230hrs
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