InvestingScope

EURHKD: Sell opportunity towards the 1D Support.

Short
FX_IDC:EURHKD   EURO / HONG KONG DOLLAR
The price was rejected on the 1D MA50 within the wider 1M Channel Down (RSI = 41.549, MACD = -0.053, Highs/Lows = -0.0844, ADX = 50.328). The continuation of this 1D bearish sequence should lead to a new Lower Low but the first target is the 1D Support at 8.5320.




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