Major intraday support – 0.7490 (21 4H MA). Major resistance -0.7550 The pair has once again slightly declined after making a high of 0.7548 at the time of writing. It is currently trading around 0.75402. AUD/CHF is faci…
The pair has once again slightly declined after making a high of 0.7548 at the time of writing. It is currently trading around 0.75402.
AUD/CHF is facing strong resistance at 0.7550 and any further bullishness only above that level.
The intraday trend is still bullish as long as support 0.7490 holds. Any break above 0.7550 will take the pair to next level till 0.7600/0.7650. Overall bullish invalidation only below 0.7230.
On the lower side minor support is around 0.7490 and any break below will drag the pair down till 0.7460 (4H Kijun-Sen)/0.7370 (200 4H MA).
It is good to buy above 0.7550 with SL around 0.7490 for the TP of 0.7600/0.7650.
