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HKD forms 200 Day Moving Average Resistance on July 20
On Monday, July 20th, HKD moved down 1.24% while volume shrunk to 0.3× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 1.58, 1.56 & 1.53, with resistance at 1.62, 1.65 & 1.67.
Current SwingTradeBot Technical Rating of HKD: C
Just a sneak peek — check SwingTradeBot.com for the full story on HKD.
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