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Intraday forecastEuro / US Dollar Gráfico técnico
SímboloEURUSD
Release TimeNoviembre 19, 2020 - 20:19
Advisebuy (limit) above S1=1.185
Intraday
Short term
Yesterday range42
Yesterday high1.189
Yesterday low1.1848
Yesterday close1.1852
R31.2
R21.192
R11.1895
S11.185
S21.182
S31.1735
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.185.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.1895.
TP4: R2=1.192.
Set the stoploss of these orders at breakout of S2=1.182.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.182.
In this situation, there is an expectation to reach the target S3=1.1735.
Set the stoploss of reverse orders at breakout of S1=1.185.

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