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Intraday forecastEuro / US Dollar technical chart
SymbolEURUSD
Release TimeNisan 30, 2021 - 22:45
Advisesell (limit) below R1=1.2055
Intraday
Short term
Yesterday range48
Yesterday high1.215
Yesterday low1.2102
Yesterday close1.2119
R31.215
R21.2075
R11.2055
S11.1995
S21.195
S31.192
Trade setup

As we forecast Düşüş trend for this day, so Forecast City suggests sell (limit) below R1=1.2055.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.1995.
TP4: S2=1.195.
Set the stoploss of these orders at breakout of R2=1.2075.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.2075.
In this situation, there is an expectation to reach the target R3=1.215.
Set the stoploss of reverse orders at breakout of R1=1.2055.

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