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Intraday forecastEuro / US Dollar technical chart
SymbolEURUSD
Release TimeTemmuz 23, 2019 - 20:30
Advisesell (limit) below R1=1.118
Intraday
Short term
Yesterday range19
Yesterday high1.1225
Yesterday low1.1206
Yesterday close1.1208
R31.1275
R21.12
R11.118
S11.114
S21.112
S31.1105
Trade setup

As we forecast Düşüş trend for this day, so Forecast City suggests sell (limit) below R1=1.118.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.114.
TP4: S2=1.112.
Set the stoploss of these orders at breakout of R2=1.12.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.12.
In this situation, there is an expectation to reach the target R3=1.1275.
Set the stoploss of reverse orders at breakout of R1=1.118.

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