AUD/CHF managed to break above the 38.2% Fibs (0.7473) resistance that should result in a continuation of an uptrend. While the rate is near 50% Fibs (0.7430) support, consider buying AUD/CHF 23.6% (0.7526) or 0% Fibs (0.7612). Stop loss should be just below 61.8% Fibs (0.7387).
Support: 0.7387, 0.7430
Resistance: 0.7473, 0.7526, 0.7612
The material has been provided by InstaForex Company - www.instaforex.com