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Intraday forecastUS Dollar / Swiss Franc technical chart
SymbolUSDCHF
Release TimeKasım 20, 2019 - 20:03
Advisesell (limit) below R1=0.9925
Intraday
Short term
Yesterday range38
Yesterday high0.9918
Yesterday low0.988
Yesterday close0.9904
R31
R20.9935
R10.9925
S10.9875
S20.985
S30.983
Trade setup

As we forecast Düşüş trend 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=0.9875.
TP4: S2=0.985.
Set the stoploss of these orders at breakout of R2=0.9935.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.9935.
In this situation, there is an expectation to reach the target R3=1.
Set the stoploss of reverse orders at breakout of R1=0.9925.

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