As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.011.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.007.
TP4: S2=1.0045.
Set the stoploss of these orders at breakout of R2=1.013.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of...
