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Intraday forecastUS Dollar / Swiss Franc graphique technique
SymboleUSDCHF
Release Timemai 18, 2022 - 21:36
Advisesell (limit) below R1=0.9925
Intraday
Short term
Yesterday range124
Yesterday high0.9984
Yesterday low0.986
Yesterday close0.9881
R31.004
R20.9955
R10.9925
S10.986
S20.983
S30.971
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9925.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.986.
TP4: S2=0.983.
Set the stoploss of these orders at breakout of R2=0.9955.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.9955.
In this situation, there is an expectation to reach the target R3=1.004.
Set the stoploss of reverse orders at breakout of R1=0.9925.

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