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Intraday forecastUS Dollar / Swiss Franc technical chart
SymbolUSDCHF
Release TimeMayıs 3, 2021 - 20:22
Advisebuy (limit) above S1=0.909
Intraday
Short term
Yesterday range60
Yesterday high0.914
Yesterday low0.908
Yesterday close0.913
R30.9215
R20.918
R10.915
S10.909
S20.908
S30.9015
Trade setup

As we forecast Yükseliş trend for this day, so Forecast City suggests buy (limit) above S1=0.909.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.915.
TP4: R2=0.918.
Set the stoploss of these orders at breakout of S2=0.908.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.908.
In this situation, there is an expectation to reach the target S3=0.9015.
Set the stoploss of reverse orders at breakout of S1=0.909.

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