FxWirePro

AUD/CHF faces support at 0.7195, break below targets 0.7050

Short
FX:AUDCHF   Australian Dollar / Swiss Franc
3
Major Trend line support -0.7195 (trend line joining 0.7057 and 0.7182)

The pair has made a temporary top around 0.7030 and started to decline from that level. It is currently trading around 0.7205 level.

On the lower side minor support is around 0.7195 will drag the pair down till 0.7125/0.7050.

Its resistance is around 0.7250 and break above targets 0.7300/0.7360.

It is good to sell below 0.7195 with SL around 0.7250 for the TP of 0.7125/0.7057
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