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HKD forms 20 Day Moving Average Support on August 24
On Monday, August 24th, HKD moved down 1.18% while volume shrunk to 0.0× the usual levels. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 1.66, 1.65 & 1.63, with resistance at 1.69, 1.71 & 1.72.
Current SwingTradeBot Technical Rating of HKD: C
Today’s move could mean more—check all the signals for HKD on SwingTradeBot.
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