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Long

AUD/CHF takes support near trend line, targets 0.7020

FX:AUDCHF   Australian Dollar/Swiss Franc
126 0 4
AUD/CHF             has taken support near trend line 0.6920 ( trend line joining 0.6760 and 0.6894) and slighty recovered from that level. It is currently trading at 0.6939.

Any break below 0.6920 will drag the pair to next target 0.6880/0.6830.

On the higher side minor resistance is around 0.6960 and break above targets 0.6980/0.7020 level.

It is good to buy at dips around 0.6930-35 with SL around 0.6880 for the TP of 0.6985/0.7020
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