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