Thursday, October 15, 2026

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FxWirePro:AUD/CHF faces strong resistance at 0.7605, good to buy on dips

Major resistance -0.7605 (trend line joining 0.76650 and 0.7627) Major support - 0.7450 AUD/CHF forms a temporary bottom at 0.72680 and started to jump sharply from that level. It is currently trading around 0.7560. On t…

By FxWirePro Team
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FxWirePro:AUD/CHF faces strong resistance at 0.7605, good to buy on dips
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  • Major resistance -0.7605 (trend line joining 0.76650 and 0.7627)
     
  • Major support - 0.7450
     
  • AUD/CHF forms a temporary bottom at 0.72680 and started to jump sharply from that level. It is currently trading around 0.7560.

  • On the higher side, any break above 0.7600 will take the pair till 0.76650 (Oct 26th 2016 high)/0.7750.
     
  • The immediate support stands at 0.7490 and any break below targets 0.7450/0.7380 (200- day MA).

  • Any close above 0.7660 confirms major trend reversal.

    It is good to buy on dips around 0.75400 with SL around 0.7490 for the TP of 0.76600.

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team