HK33 remains mixed and volatile.

OANDA:HK33HKD   Hong Kong 33
HK33HKD - 24h expiration

Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
Trend line support is located at 16530.
Preferred trade is to buy on dips.
Trading within a Corrective Channel formation.
Risk/Reward would be poor to call a buy from current levels.
50 4hour EMA is at 16720.

We look to Buy at 16700 (stop at 16540)
Our profit targets will be 17100 and 17180

Resistance: 17000 / 17054 / 17150
Support: 16800 / 16700 / 16600

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