AUD/CHF fails to hold below 200-DMA, long break above 0.7414
AUD/CHF fails to hold break below 200-DMA.
The pair is on track to test 1H 100-SMA at 0.7414.
Break above could see gains upto 20-DMA at 0.7506.
Support levels - 0.7375 (200-DMA), 0.7370 (1H 20-SMA), 0.7342 (Sept 30 low), 0.7245 (trendline)
Resistance levels - 0.7412 (5-DMA), 0.7414 (1H 100-SMA), 0.7462 (100-DMA), 0.75 (20-DMA)
Good to go long on breakout above 0.7414, SL: 0.7370, TP: 0.7470/ 0.7500
The pair is on track to test 1H 100-SMA at 0.7414.
Break above could see gains upto 20-DMA at 0.7506.
Support levels - 0.7375 (200-DMA), 0.7370 (1H 20-SMA), 0.7342 (Sept 30 low), 0.7245 (trendline)
Resistance levels - 0.7412 (5-DMA), 0.7414 (1H 100-SMA), 0.7462 (100-DMA), 0.75 (20-DMA)
Good to go long on breakout above 0.7414, SL: 0.7370, TP: 0.7470/ 0.7500
