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Intraday forecastUS Dollar / Swiss Franc technical chart
SymbolUSDCHF
Release TimeJune 28, 2022 - 21:38
Advisebuy (limit) above S1=0.953
Intraday
Short term
Yesterday range54
Yesterday high0.9587
Yesterday low0.9533
Yesterday close0.957
R30.9725
R20.9675
R10.962
S10.953
S20.952
S30.9455
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.953.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.962.
TP4: R2=0.9675.
Set the stoploss of these orders at breakout of S2=0.952.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.952.
In this situation, there is an expectation to reach the target S3=0.9455.
Set the stoploss of reverse orders at breakout of S1=0.953.

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