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Intraday forecastUS Dollar / Canadian Dollar technical chart
SymbolUSDCAD
Release TimeEylül 13, 2021 - 22:40
Advisebuy (limit) above S1=1.262
Intraday
Short term
Yesterday range57
Yesterday high1.2695
Yesterday low1.2638
Yesterday close1.2647
R31.2785
R21.273
R11.2695
S11.262
S21.2585
S31.2495
Trade setup

As we forecast Yükseliş trend for this day, so Forecast City suggests buy (limit) above S1=1.262.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.2695.
TP4: R2=1.273.
Set the stoploss of these orders at breakout of S2=1.2585.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.2585.
In this situation, there is an expectation to reach the target S3=1.2495.
Set the stoploss of reverse orders at breakout of S1=1.262.

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