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Intraday forecastUS Dollar / Swiss Franc technical chart
SymbolUSDCHF
Release TimeSeptember 25, 2018 - 20:13
Advisebuy (limit) above S1=0.962
Intraday
Short term
Yesterday range75
Yesterday high0.965
Yesterday low0.9574
Yesterday close0.9641
R30.9745
R20.97
R10.967
S10.962
S20.9605
S30.9535
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.962.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.967.
TP4: R2=0.97.
Set the stoploss of these orders at breakout of S2=0.9605.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.9605.
In this situation, there is an expectation to reach the target S3=0.9535.
Set the stoploss of reverse orders at breakout of S1=0.962.

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