BUY NZDUSD 0.7069
SL: 0.7039
TP1: 0.7089
TP2: 0.7109
TP3: 0.7129
Signal Analysis by LCMS Traders
Currency Pair: NZDUSD
BUY NZDUSD 0.7069
Timeframe: H1
Step 1 - Previous News: NZD: CPI q/q increase in inflation, USD: Retail sales increased, Prelim UoM Consumer Sentiment decrease
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touching, slow down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: NZD: -, USD: -
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