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Is HKD likely to continue lower? Fell Below 20 Day Moving Average shows up after declining 2.17%
HKD closed down 2.17% on Tuesday, September 30th, with volume running 1.0× above average. Multiple bearish signals emerged — Fell Below 20 DMA and MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 1.74, 1.68 & 1.61, with resistance at 1.87, 1.94 & 2.0.
Current SwingTradeBot Technical Rating of HKD: D
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