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Intraday forecastEuro / US Dollar Gráfico técnico
SímboloEURUSD
Release TimeFebrero 25, 2021 - 21:33
Advisesell (limit) below R1=1.222
Intraday
Short term
Yesterday range66
Yesterday high1.2175
Yesterday low1.2109
Yesterday close1.2166
R31.2315
R21.224
R11.222
S11.216
S21.211
S31.2025
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.222.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.216.
TP4: S2=1.211.
Set the stoploss of these orders at breakout of R2=1.224.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.224.
In this situation, there is an expectation to reach the target R3=1.2315.
Set the stoploss of reverse orders at breakout of R1=1.222.

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