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- Trend line support – 0.7595 (trend line joining 0.7507 and 0.75596).
- AUDCHF has shown a minor break below trend line support and declined till 0.7580. The pair recovered slightly and is trading around 0.76096.
- The near term resistance is around 0.7612 (89- day EMA) and any break above confirms minor bullishness, a jump till 0.7637 (55- day EMA)/0.76675 (61.8% retracement of 0.77207 and 0.75808).
- On the lower side, support is around 0.7580 and any break below will drag the pair to next level till 0.7540 (233- day MA)/ 0.7500.
It is good to buy above 0.7612 with SL around 0.7580 for the TP of 0.7675/0.7700.
