Thursday, October 15, 2026

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AUD/CHF faces strong resistance at 0.7175, break above targets 0.7230/0.7300

Major trend line resistance - 0.7175 (trend line joining 0.7229 and 0.7196) Any break above 0.7175 will take the pair to next level 0.7230/0.7300 level. On the downside major support is around 0.7110 (trend line joining …

By Lis Howell
1 min read
AUD/CHF faces strong resistance at 0.7175, break above targets 0.7230/0.7300
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  • Major trend line resistance - 0.7175 (trend line joining   0.7229 and 0.7196)
     
  • Any break above 0.7175 will take the pair to next level 0.7230/0.7300 level.  On the downside major support is around 0.7110 (trend line joining 0.7057 and 0.7075).
     
  • The minor support is around 0.7150/0.7124. level.

It is good to buy only above 0.7175 with SL around 0.7124 for the  TP of 0.7230/0.7300

 

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