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Intraday forecastUS Dollar / Swiss Franc technical chart
SymbolUSDCHF
Release TimeTemmuz 12, 2013 - 20:40
Advisesell (limit) below R1=0.9535
Intraday
Short term
Yesterday range193
Yesterday high0.9597
Yesterday low0.9404
Yesterday close0.947
R30.968
R20.958
R10.9535
S10.948
S20.9445
S30.9405
Trade setup

As we forecast Düşüş trend for this day, so Forecast City suggests sell (limit) below R1=0.9535.
As short term forecast is Düşüş trend too, so there is an expectation to reach the following targets:
TP1: S1=0.948.
TP2: S2=0.9445.
TP3: S3=0.9405.
TP4:
To follow the trend, set an order without takeprofit (free trade) and while short term forecast remains unchanged, keep it open.
Set the stoploss of these orders at breakout of R2=0.958.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.958.
In this situation, there is an expectation to reach the target R3=0.968.
Set the stoploss of reverse orders at breakout of R1=0.9535.

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