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Intraday forecastEuro vs. US Dollar technical chart
SymbolEURUSD
Release TimeThu, 09/13/2018 - 19:50
Advisebuy (limit) above S1=1.165
Intraday
Short term
Yesterday range80
Yesterday high1.1649
Yesterday low1.157
Yesterday close1.1625
R31.18
R21.174
R11.172
S11.165
S21.164
S31.1575
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.165.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.172.
TP4: R2=1.174.
Set the stoploss of these orders at breakout of S2=1.164.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.164.
In this situation, there is an expectation to reach the target S3=1.1575.
Set the stoploss of reverse orders at breakout of S1=1.165.

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Release Time Symbol Intraday R S
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