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Intraday forecastUS Dollar / Swiss Franc technical chart
SymbolUSDCHF
Release TimeEylül 19, 2019 - 20:47
Advisesell (limit) below R1=0.9945
Intraday
Short term
Yesterday range58
Yesterday high0.9983
Yesterday low0.9925
Yesterday close0.9972
R31.004
R20.9965
R10.9945
S10.989
S20.986
S30.9835
Trade setup

As we forecast Düşüş trend for this day, so Forecast City suggests sell (limit) below R1=0.9945.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.989.
TP4: S2=0.986.
Set the stoploss of these orders at breakout of R2=0.9965.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.9965.
In this situation, there is an expectation to reach the target R3=1.004.
Set the stoploss of reverse orders at breakout of R1=0.9945.

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