Ichimoku Analysis ;
Tenken-Sen - 0.7000
Kijun-Sen - 0.6990
AUDCHF was consolidating in narrow range after hitting high of 0.70378. The pair has shown a good jump for the intraday after showing a minor decline below 0.7000 level. It hits high of 0.7300 and is currently trading around 0.70265.
Any break above 0.70380 will confirm minor bullishness, a jump till 0.7072 (200- 4H MA)/0.7100 level.
On the lower side, any break below 0.6990 confirms minor weakness , a dip till 0.6950/0.6870 is possible.
It is good to buy on dips around 0.7020-225 with SL around 0.6990 for the TP of 0.7070/0.7100.
