ForecastCity
Short

EURUSD Intraday Forecast

FX:EURUSD   Euro / U.S. Dollar
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.0865.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.0825.
TP4: S2=1.08.
Set the stoploss of these orders at breakout of R2=1.0885.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.0885.
In this situation, there is an expectation to reach the target R3=1.096.
Set the stoploss of reverse orders at breakout of R1=1.0865.

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Comments

This chart is really something else! Special!!
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@sara-kian, Thanks for your comment.
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I like your intraday forecasts so much.
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@fxniki, Thanks for your comment.
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Your analysis is very accurate. Thanks a lot!
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ForecastCity Alexander_007
@Alexander_007, We are so happy you enjoyed it. You're welcome.
+1 Reply
Good analysis as usual
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ForecastCity Pro_Trader_007
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Great stuff. Liked this.
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ForecastCity Forecast_Crypto
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