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Intraday forecastUS Dollar / Swiss Franc technical chart
SymbolUSDCHF
Release TimeJanuary 13, 2021 - 20:50
Advisebuy (limit) above S1=0.8855
Intraday
Short term
Yesterday range55
Yesterday high0.8916
Yesterday low0.8861
Yesterday close0.8862
R30.9
R20.895
R10.892
S10.8855
S20.8845
S30.878
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.8855.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.892.
TP4: R2=0.895.
Set the stoploss of these orders at breakout of S2=0.8845.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.8845.
In this situation, there is an expectation to reach the target S3=0.878.
Set the stoploss of reverse orders at breakout of S1=0.8855.

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