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I foresee no major changes for the EUR/HKD pair. The currency pair had a wild rise in May, first rallying from 8.6877 to 8.8862, only to surrender all gains in the second half of the month.
We are currently quoted around the 0.5150 mark, not far from Friday's high. I think this level is an important resistance for EUR/HKD. Look at the daily chart below. We can see the 8.52 mark being tested again and again. It's the level price keeps coming back to. I'm betting on this level putting an end to th…
We are currently quoted around the 0.5150 mark, not far from Friday's high. I think this level is an important resistance for EUR/HKD. Look at the daily chart below. We can see the 8.52 mark being tested again and again. It's the level price keeps coming back to. I'm betting on this level putting an end to th…