EURAUD sell trade idea 23 07 2021

#OPINIONLEADER# #Signal#

SELL EURAUD 1.6010

SL: 1.6040

TP1: 1.5990

TP2: 1.5970

TP3: 1.5950

Signal Analysis by LCMS Traders

Currency Pair: EURAUD

SELL EURAUD 1.6010 

Timeframe: H1

Step 1 - Previous News: EUR: -, AUD: -

Step 2 - Trend: Up to Across, Counter Trend

Step 3 - Support/Resistance: Breaking Through Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: fast touch, slow small down

- Stochastic: H4 coming out from over sold

- PSAR: bearish

Step 5 - Upcoming News: EUR: Monetary Policy Statement 1945hrs, ECB Press Conference 2030hrs, AUD: Australian flash PMI tomorrow 0700hrs