EURUSD Intraday Forecast

FX:EURUSD   Euro / U.S. Dollar
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.09.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.096.
TP4: R2=1.1025.
Set the stoploss of these orders at breakout of S2=1.0885.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.0885.
In this situation, there is an expectation to reach the target S3=1.0815.
Set the stoploss of reverse orders at breakout of S1=1.09.

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Nice setup mate.
+1 Reply
@gjfx, Thanks. we hope you enjoy it.
I like your trading strategy. I think I should always use it on my daily tades.
+1 Reply
@fxniki, Thanks for your comment. We are so happy you liked it.
Nice analysis as usual
+1 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, Thanks, we hope you find it beneficial.
I truly feel like I am learning quite a lot from you!
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