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Intraday forecastUS Dollar / Swiss Franc technical chart
SymbolUSDCHF
Release TimeJune 17, 2021 - 21:32
Advisebuy (limit) above S1=0.909
Intraday
Short term
Yesterday range112
Yesterday high0.9188
Yesterday low0.9076
Yesterday close0.9176
R30.9245
R20.9215
R10.919
S10.909
S20.9075
S30.9005
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.909.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.919.
TP4: R2=0.9215.
Set the stoploss of these orders at breakout of S2=0.9075.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.9075.
In this situation, there is an expectation to reach the target S3=0.9005.
Set the stoploss of reverse orders at breakout of S1=0.909.

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