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Long

AUD/CHF breaks major resistance,jump till 0.7340 is possible

FX:AUDCHF   Australian Dollar/Swiss Franc
64 0 3
Major resistance -0.7230 (Dec 10th high)

AUD/CHF             has broken major resistance 0.7230 and jumped till 0.72468. It is currently trading around 0.72303.

Any break above 0.7230 confirms minor trend reversal, a jump till 0.7298/0.7350 is possible.

On the lower side major support is around 0.7150 and break below targets 0.7125/0.7050 level.

It is good to buy at dips around 0.7200-210 with SL around 0.7150 for the TP of 0.7298/0.7330
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