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Intraday forecastEuro / US Dollar Gráfico técnico
SímboloEURUSD
Release TimeMarzo 3, 2021 - 20:38
Advisesell (limit) below R1=1.2115
Intraday
Short term
Yesterday range103
Yesterday high1.2094
Yesterday low1.1992
Yesterday close1.2089
R31.221
R21.2135
R11.2115
S11.204
S21.199
S31.1955
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.2115.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.204.
TP4: S2=1.199.
Set the stoploss of these orders at breakout of R2=1.2135.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.2135.
In this situation, there is an expectation to reach the target R3=1.221.
Set the stoploss of reverse orders at breakout of R1=1.2115.

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