Weekly pick: AUD/CHF - Weekly close above 0.7310 targets 0.7050
Break out level- 0.7315 (Jun 2015 high)
The pair has broken a major resistance 0.7315 and jumped till 0.7322. It is currently trading at 0.7318.
On the downside the support is around 0.7270 and break below will drag the pair till 0.7225/0.7195.
The pair’s major resistance is around 0.7325 and break above targets 0.7360/0.7400
It is good to buy at dips around 0.7305 with SL around 0.7270 for the TP of 0.7400/0.7050
The pair has broken a major resistance 0.7315 and jumped till 0.7322. It is currently trading at 0.7318.
On the downside the support is around 0.7270 and break below will drag the pair till 0.7225/0.7195.
The pair’s major resistance is around 0.7325 and break above targets 0.7360/0.7400
It is good to buy at dips around 0.7305 with SL around 0.7270 for the TP of 0.7400/0.7050