• Major support – 0.7600 (trend line joining 0.74791 and 0.75738).
   
• Major intra day resistance – 0.7660 (100- 4H EMA).
   
• AUD/CHF broken major support of 0.7600 and declined till 0.75850 yesterday. It is currently trading around 0.76001.
   
• AUD hits four month high on Monday and declined sharply from that level after RBA highlights threats in the property market and increase of domestic household debt.
   
• On the lower side, any break below 0.7600 will drag the pair down till 0.74790 (Feb 1st 2017 low).
   
• The near term resistance is around 0.7660 (100- day EMA) and any break above will take the pair till 0.7700/0.77280 (Mar 20th 2017 high).
  
  It is good to sell on rallies around 0.7605-0.7610 with SL around 0.7660 for the TP of 0.7480.