Thursday, October 15, 2026

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AUD/CHF faces strong resistance at 0.7220, break above targets 0.7320/0.7360

Major resistance – 0.7225 (200 4 H MA) The pair has broken the minor resistance at 0.7160 (90 4H EMA) and jumped till 0.72147. It is currently trading around0.72105. Short-term trend is slightly bullish as long as suppor…

By FxWire Pro
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AUD/CHF faces strong resistance at 0.7220, break above targets 0.7320/0.7360
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  • Major resistance – 0.7225 (200 4 H MA)
     
  • The pair has broken the minor resistance at 0.7160 (90 4H EMA) and jumped till 0.72147. It is currently trading around0.72105.
     
  • Short-term trend is slightly bullish as long as support 0.7135 holds.
     
  • On the lower side any break below 0.7135 will drag the pair down till 0.7100/0.7080/0.7050.
     
  • Any indicative break above 200 4 H MA will take the pair to next level till 0.7260/0.7320/0.73625.
     
  • Short term weakness only below 0.7050 level.

It is good to buy above 0.7220 with SL around 0.7135 for the TP of 0.7320/0.7360.

 

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By FxWirePro Team