Short

SGDHKD: Target hit. Channel Down continuation. Short.

TP = 5.6600 hit as the 1D Channel Down expanded but on a lower gradient (MACD = -0.006, B/BP = -0.0102) with RSI and Highs/Lows neutral. Nevertheless there are two optimal short opportunities presented on the chart depending on which pattern prevails. TP = 5.63050.
Chart PatternsCurrenciescurrencyForexHKDhongkongdollarTechnical IndicatorssgdSGDHKDsingaporedollarTrend Analysis

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