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Intraday forecastUS Dollar / Swiss Franc technical chart
SymbolUSDCHF
Release TimeApril 30, 2021 - 23:39
Advisebuy (limit) above S1=0.911
Intraday
Short term
Yesterday range39
Yesterday high0.9119
Yesterday low0.908
Yesterday close0.9086
R30.9215
R20.918
R10.916
S10.911
S20.908
S30.8995
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.911.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.916.
TP4: R2=0.918.
Set the stoploss of these orders at breakout of S2=0.908.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.908.
In this situation, there is an expectation to reach the target S3=0.8995.
Set the stoploss of reverse orders at breakout of S1=0.911.

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Tue, Jun 22 2021, 23:49 USDCHF new Subscribe! Subscribers Only Subscribers Only
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