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Intraday forecastEuro / US Dollar technical chart
SymbolEURUSD
Release TimeAugust 24, 2007 - 20:44
Advisebuy (limit) above S1=1.361
Intraday
Short term
Yesterday range
Yesterday high
Yesterday low
Yesterday close
R31.3701
R21.3666
R11.3648
S11.361
S21.3591
S31.3557
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.361.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.3591.
In this situation, there is an expectation to reach the target S3=1.3557.
Set the stoploss of reverse orders at breakout of S1=1.361.

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