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Intraday forecastUS Dollar / Swiss Franc graphique technique
SymboleUSDCHF
Release Timeaoût 4, 2021 - 21:07
Advisebuy (limit) above S1=0.904
Intraday
Short term
Yesterday range58
Yesterday high0.9076
Yesterday low0.9018
Yesterday close0.9065
R30.913
R20.9095
R10.9075
S10.904
S20.902
S30.8945
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.904.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.9075.
TP4: R2=0.9095.
Set the stoploss of these orders at breakout of S2=0.902.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.902.
In this situation, there is an expectation to reach the target S3=0.8945.
Set the stoploss of reverse orders at breakout of S1=0.904.

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