By Chris Becker
A very quiet night for stock markets as weakness in USD sees risk taking a back seat with scratch sessions on both sides of the Atlantic. The USD fell against Yen and Euro in particular, while Bitcoin reached a new monthly low by crossing below $8300.
Looking at the action on Asian markets yesterday, where Chinese stocks started the week in a much better state as the Shanghai Composite closed over 0.5% higher to 2909 points while the Hang Seng Index leapt 1% to close at 26681 points. Price is still well below previous trailing ATR support and the previous resistance zone but no new daily low in three sessions is keeping the selling at bay:
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