FlowState

HK33HKD approaching resistance, potential drop!

Short
OANDA:HK33HKD   Hong Kong 33
HK33HKD is approaching our first resistance at 29034.0 (horizontal overlap resistance, 50% fibonacci retracement) where a strong drop might occur pushing price down to our major support at 27444.0 (38.2% fibonacci retracement, horizontal swing low support).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.

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