As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.2605.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.267.
TP4: R2=1.2705.
Set the stoploss of these orders at breakout of S2=1.2585.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
