USD / CHF: The movement is short, although the adjustment of the evening.
The strong volatility in the market will increase the risk trade today, because you have to focus on more money management, reducing the size of our exposures, and the places of entrance should be refine and chosen to be close to major support / resistances but not with a bigger stop.
Price below moving averages arranged in bearish formation and under consolidation of 0.723.
Possible pin bar, the price went below the bottom of the bar with potential to decrease.
CCI is below -100, the negative sentiment. 5 period is strong dynamic resistance.
High volatility will pull the entrance above and only if there is such a price, stop 0.7270
Sentiment: bad data from China have a negative impact on the AUD.
Stefan D. Angelov - Head of Stocks Trading
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