BUY EURCAD 1.4742
SL: 1.4712
TP1: 1.4762
TP2: 1.4782
TP3: 1.4802
Signal Analysis by LCMS Traders
Currency Pair: EURCAD
BUY EURCAD 1.4742
Timeframe: H1
Step 1 - Previous News: EUR: German Preliminary CPI continued to rise, Eurozone CPI flash & Unemployment Rate 1700hrs, CAD: OPEC-JMMC meetings today
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast turning up, slow down
- Stochastic: H4
- PSAR: bearish
Step 5 - Upcoming News: EUR: -, CAD: GDP m/m 2030hrs, Manufacturing PMI 2130hrs
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