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Trading Idea - USD/HKD, 06-03-2024
Trading Signal: USDHKD
| Order | Buy |
| Direction | Bullish |
| Pattern | Support Line Test |
| Interval | Daily |
| Length (Candles) | 3 |
Idea Summary
The medium term USDHKD price forecast is bullish. The USDHKD price is testing a support and Fibonacci 61.8 level above the 200-period moving average MA(200). Most likely the price will bounce off the support and rise while there is a likelihood it may beach below the support and decline to test the MA(200).
Note:
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