AUDUSD buy trade idea 22 07 2021
BUY AUDUSD 0.7368
SL: 0.7338
TP1: 0.7388
TP2: 0.7408
TP3: 0.7428
Signal Analysis by LCMS Traders
Currency Pair: AUDUSD
BUY AUDUSD 0.7368
Timeframe: H1
Step 1 - Previous News: AUD: -, USD: -
Step 2 - Trend: Down, Counter Trend
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touch, slow up
- Stochastic: H4 coming out from over bought
- PSAR: bullish
Step 5 - Upcoming News: AUD: Australian flash PMI tomorrow 0700hrs, USD: Unemployment Claims 2030hrs
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