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Intraday forecastUS Dollar / Swiss Franc graphique technique
SymboleUSDCHF
Release Timemars 3, 2021 - 21:16
Advisebuy (limit) above S1=0.916
Intraday
Short term
Yesterday range57
Yesterday high0.9193
Yesterday low0.9136
Yesterday close0.9143
R30.9295
R20.9245
R10.921
S10.916
S20.9135
S30.9055
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.916.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.921.
TP4: R2=0.9245.
Set the stoploss of these orders at breakout of S2=0.9135.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.9135.
In this situation, there is an expectation to reach the target S3=0.9055.
Set the stoploss of reverse orders at breakout of S1=0.916.

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