AUD/CHF: downtrend, mid-term gain up to levels of resistance and new down impulse.
Short-term downward move goes under support levels at 0.7192 and 0.7097.
Break under those levels gives a signal for a new negative trend, where the next test gives us good levels for a new short.
Long upper shadow confirms that bears are strong and can be considered for a new sell signal
Stefan D. Angelov – Head of Stocks Trading