FxWirePro: AUD/CHF recovers after making a low of 0.7103, good to sell on rallies

• Major resistance- 0.7220 (90 day  EMA)
   
• Major support - 0.710 (Jun 2nd high)
   
• The pair has once again taken support near 0.7100 and jumped from that level. It is currently trading around 0.71432.
   
• Short term trend is slightly weak as long as resistance 0.7220 (90 day MA) holds.
   
• On the lower side any break below 0.7100 will drag the pair down till 0.7055/0.7000/0.6850.
   
• The pair’s minor resistance is around 0.7160 (daily Tenkan-Sen) and any violation above 0.7160 will take the pair to next level at 0.7185/0.7225.

It is good to sell on rallies around 0.7155 with SL around 0.7225 for the TP of 0.7000/0.6900