AUD/CHF trades well above 0.7200, jump till 0.7315/0.7380 is possible

• Major resistance- 0.7202 (90 day EMA)
   
• Major support - 0.7140 (21 day MA)
   
• The pair has broken major resistance 0.702 (90 day EMA) and jumped till 0.72287.It is currently trading around 0.72213.
   
• Short term trend is slightly bullish as long as support 0.7140 (21 day MA) holds.
   
• On the lower side, any break below 0.7140 will drag the pair down till 0.7099 (61.8% retracement of 0.7030 and 0.72078)/0.7030/0.7000
  ​
• Any violation above 0.7202 will take the pair to next level at 0.7255/0.703174 (50% retracement of 0.75974 and 0.70323)/0.7380.

It is good to buy around 0.7200 with SL around 0.7140 for the TP of 0.7255/0.7315/0.7380