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Intraday forecastUS Dollar / Swiss Franc graphique technique
SymboleUSDCHF
Release Timemai 10, 2021 - 13:51
Advisesell (limit) below R1=0.9045
Intraday
Short term
Yesterday range90
Yesterday high0.9094
Yesterday low0.9004
Yesterday close0.9005
R30.915
R20.907
R10.9045
S10.897
S20.895
S30.892
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9045.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.897.
TP4: S2=0.895.
Set the stoploss of these orders at breakout of R2=0.907.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.907.
In this situation, there is an expectation to reach the target R3=0.915.
Set the stoploss of reverse orders at breakout of R1=0.9045.

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