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Intraday forecastUS Dollar / Swiss Franc technical chart
SymbolUSDCHF
Release TimeSeptember 7, 2022 - 21:12
Advisesell (limit) below R1=0.982
Intraday
Short term
Yesterday range109
Yesterday high0.987
Yesterday low0.9761
Yesterday close0.9763
R30.9965
R20.9865
R10.982
S10.9745
S20.9695
S30.9665
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.982.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.9745.
TP4: S2=0.9695.
Set the stoploss of these orders at breakout of R2=0.9865.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.9865.
In this situation, there is an expectation to reach the target R3=0.9965.
Set the stoploss of reverse orders at breakout of R1=0.982.

Latest forecasts
Release Time Symbol Intraday R S
Wed, Sep 7 2022, 21:12 USDCHF Subscribe! Subscribers Only Subscribers Only
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Wed, Aug 31 2022, 21:37 USDCHF Subscribe! Subscribers Only Subscribers Only
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