- AUD/CHF has recovered after making a low of 0.69215. It is currently trading around 0.7068.
- Major resistance – 0.7060 (trend line joining 0.73125 and 0.7252)
- The pair has broken major resistance 0.7060 and jumped till 0.7087 at the time of writing.
- Any break above 0.7060 confirms minor bullishness a jump till 0.7200 Is possible .
- On the downside minor support is around 0.7000 and break below targets 0.6920/0.6850.
It is good to buy at dips around 0.7000 with SL around 0.6920 for the TP of 0.7200
The material has been provided by InstaForex Company – www.instaforex.com