BUY NZDUSD 0.7005
SL: 0.6975
TP1: 0.7025
TP2: 0.7045
TP3: 0.7065
Signal Analysis by LCMS Traders
Currency Pair: NZDUSD
BUY NZDUSD 0.7005
Timeframe: H1
Step 1 - Previous News: NZD: Building Consents m/m increase, USD: Advance GDP q/q fell short of expectation
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down, fast turning
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: NZD: -, USD: Core PCE Price Index m/m 2030hrs, FOMC Member Brainard Speaks tomorrow 0830hrs
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