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Intraday forecastUS Dollar / Swiss Franc technical chart
SymbolUSDCHF
Release TimeEylül 15, 2021 - 09:42
Advisesell (limit) below R1=0.921
Intraday
Short term
Yesterday range47
Yesterday high0.9228
Yesterday low0.9181
Yesterday close0.9204
R30.9305
R20.923
R10.921
S10.9165
S20.915
S30.9115
Trade setup

As we forecast Düşüş trend for this day, so Forecast City suggests sell (limit) below R1=0.921.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.9165.
TP4: S2=0.915.
Set the stoploss of these orders at breakout of R2=0.923.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.923.
In this situation, there is an expectation to reach the target R3=0.9305.
Set the stoploss of reverse orders at breakout of R1=0.921.

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