AUD/CHF breaks minor trend line support, decline till 0.7050 is possible

• Major support - 0.7175 (trend line joining 0.7057 and 0.7159)
  
  
• Major resistance -0.7250 (200 day 4 HMA)
  
  
• The pair has broken major trend line support 0.7175 and decline till 0.7160. It is currently trading around 0.7174.
  
  
• Any break below 0.7175 will drag the pair to next level till 0.7100/0.7050.
  
  
• On the higher side major resistance is around 0.7250 and break above targets 0.7300/0.73150.

It is good to sell on rallies around 0.7190-95 with SL around 0.7250 for the TP of 0.7100/0.7050