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Intraday forecastUS Dollar vs. Swiss Franc technical chart
SymbolUSDCHF
Release TimeMon, 04/15/2019 - 21:42
Advisesell (limit) below R1=1.0045
Intraday
Short term
Yesterday range37
Yesterday high1.0046
Yesterday low1.0009
Yesterday close1.0039
R31.012
R21.0055
R11.0045
S10.9995
S20.9975
S30.9895
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.0045.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.9995.
TP4: S2=0.9975.
Set the stoploss of these orders at breakout of R2=1.0055.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.0055.
In this situation, there is an expectation to reach the target R3=1.012.
Set the stoploss of reverse orders at breakout of R1=1.0045.

Latest forecasts
Release Time Symbol Intraday R S
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