BUY EURUSD 1.1851
SL: 1.1821
TP1: 1.1871
TP2: 1.1891
TP3: 1.1911
Signal Analysis by LCMS Traders
Currency Pair: EURUSD
BUY EURUSD 1.1851
Timeframe: H1
Step 1 - Previous News: EUR: Eurozone Unemployment Rate decline in unemployment, USD: ADP Non-Farm Employment fell short of the expectation, ISM Manufacturing PMI continued expansion
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: fast up, slow touch
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: EUR: -, USD: FOMC Member Bostic Speaks 0100hrs, FOMC Member Daly Speaks 0300hrs
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