• AUD/CHF has formed  a temporary top around 0.76650 and started to fall sharply from that level. It is currently trading around 0.75035.
   
• The pair has taken support near 100 –day MA and started to jump slightly from that level.  The trend line joining 0.70323 and 0.7247 is at 0.7380 will be acting as major support and break below will drag the pair down till 0.72470 (Sep 15th low).
   
•  The pair jumped till 0.75305 yesterday from the low of 0.74075. AUD/8CHF upside is capped by daily Tenkan-Sen (0.7536) and any break above confirms further bullishness. Any violation above 0.7536 will take the pair to next level 0.7560/0.7600/0.7665. It should close above 0.76650 for the overall trend reversal
  
  .It is good to sell on rallies around 0.7545-0.7550 with SL around 0.7660 for the TP of 0.7405/0.7380