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Intraday forecastEuro / US Dollar technical chart
SymbolEURUSD
Release TimeAugust 17, 2007 - 18:37
Advisebuy (limit) above S1=1.3425
Intraday
Short term
Yesterday range
Yesterday high
Yesterday low
Yesterday close
R31.3537
R21.3499
R11.3475
S11.3425
S21.3401
S31.3363
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.3425.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.3401.
In this situation, there is an expectation to reach the target S3=1.3363.
Set the stoploss of reverse orders at breakout of S1=1.3425.

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