AUD/CHF Trade Idea

• Major Trend line support -0.7195 (trend line joining 0.7057 and 0.7182)
   
• The pair has made a temporary top around 0.7030 and started to decline from that level.  It is currently trading around 0.7205 level.
   
• On the lower side minor support is around   0.7195 will drag the pair down till 0.7125/0.7050.
   
• Its resistance is around 0.7250 and break above targets 0.7300/0.7360.

It is good to sell below 0.7195 with SL around 0.7250 for the TP of 0.7125/0.7057

R1-0.7250

 R2-0.7305

R3-0.7360

Support

S1-0.7195

S2- 0.7125

S3- 0.7050