FxWirePro

AUD/CHF faces resistance at 0.7175, break above targets 0.7300

Long
FX:AUDCHF   Australian Dollar / Swiss Franc
2
Major trend line resistance – 0.7175 (trend line joining 0.7229 and 0.7196)

Any break above 0.7175 will take the pair to next level 0.7230/0.7300 level. On the downside major support is around 0.7110 (trend line joining 0.7057 and 0.7075).

The minor support is around 0.7150/0.7124. level.

It is good to buy only above 0.7175 with SL around 0.7124 for the TP of 0.7230/0.7300

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.