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Intraday forecastUS Dollar / Swiss Franc technical chart
SymbolUSDCHF
Release TimeJune 19, 2018 - 20:15
Advisebuy (limit) above S1=0.9915
Intraday
Short term
Yesterday range54
Yesterday high0.999
Yesterday low0.9936
Yesterday close0.995
R31.0055
R20.999
R10.9975
S10.9915
S20.9905
S30.984
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.9915.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.9975.
TP4: R2=0.999.
Set the stoploss of these orders at breakout of S2=0.9905.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.9905.
In this situation, there is an expectation to reach the target S3=0.984.
Set the stoploss of reverse orders at breakout of S1=0.9915.

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