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Intraday forecastEuro vs. US Dollar technical chart
SymbolEURUSD
Release TimeTue, 05/15/2018 - 19:40
Advisesell (limit) below R1=1.1895
Intraday
Short term
Yesterday range70
Yesterday high1.1996
Yesterday low1.1926
Yesterday close1.1926
R31.199
R21.1915
R11.1895
S11.182
S21.178
S31.175
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.1895.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.182.
TP4: S2=1.178.
Set the stoploss of these orders at breakout of R2=1.1915.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.1915.
In this situation, there is an expectation to reach the target R3=1.199.
Set the stoploss of reverse orders at breakout of R1=1.1895.

Latest forecasts
Release Time Symbol Intraday R S
Monday 19:44 EURUSD free 1.1855
1.1825
1.179
1.174
1.1715
1.1635
Monday 09:40 EURUSD Subscribe! Subscribers Only Subscribers Only
Thursday 19:33 EURUSD Subscribe! Subscribers Only Subscribers Only
Wednesday 19:46 EURUSD free 1.193
1.1855
1.1835
1.1765
1.1725
1.1685
Tuesday 19:40 EURUSD free 1.199
1.1915
1.1895
1.182
1.178
1.175