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50 Day Moving Average Support appears for HKD after 2.72% move
HKD posted a 2.72% loss on Friday, October 3rd, accompanied by 0.9× normal trading volume. Mixed technical signals appeared with 50 DMA Support suggesting upside potential, while Fell Below 20 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.73, 1.67 & 1.61, with resistance at 1.85, 1.91 & 1.97. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of HKD: D
Today’s move could mean more—check all the signals for HKD on SwingTradeBot.
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