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Intraday forecastUS Dollar / Swiss Franc technical chart
SymbolUSDCHF
Release TimeJune 22, 2021 - 23:49
Advisebuy (limit) above S1=0.9165
Intraday
Short term
Yesterday range40
Yesterday high0.9213
Yesterday low0.9173
Yesterday close0.918
R30.927
R20.924
R10.921
S10.9165
S20.9155
S30.909
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.9165.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.921.
TP4: R2=0.924.
Set the stoploss of these orders at breakout of S2=0.9155.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.9155.
In this situation, there is an expectation to reach the target S3=0.909.
Set the stoploss of reverse orders at breakout of S1=0.9165.

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