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AUD/CHF breaks major resistance 0.7315, jump till 0.7500 is possible

Break out level- 0.7315 (Jun 2015 high) The pair has broken a major resistance 0.7315 and jumped till 0.7322. It is currently trading at 0.7318. On the downside the support is around 0.7270 and break below will drag the …

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AUD/CHF breaks major resistance 0.7315, jump till 0.7500 is possible
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Break out level- 0.7315 (Jun 2015 high)

  • The pair has broken a major resistance 0.7315 and jumped till 0.7322. It is currently trading at 0.7318.
     
  • On the downside the support is around 0.7270 and break below will drag the pair till 0.7225/0.7195.
     
  • The pair's major resistance is around 0.7325 and break above targets 0.7360/0.7400

It is good to buy at dips around 0.7305 with SL around 0.7270 for the TP of 0.7360/0.7400

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