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Intraday forecastUS Dollar vs. Swiss Franc technical chart
SymbolUSDCHF
Release TimeWed, 07/11/2018 - 20:31
Advisebuy (limit) above S1=0.9925
Intraday
Short term
Yesterday range52
Yesterday high0.9962
Yesterday low0.9909
Yesterday close0.9918
R31.0055
R21
R10.9975
S10.9925
S20.9905
S30.983
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.9925.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.9975.
TP4: R2=1.
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=0.983.
Set the stoploss of reverse orders at breakout of S1=0.9925.

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Tue, Sep 25 2018, 20:13 USDCHF new Subscribe! Subscribers Only Subscribers Only
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