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The rally in the CAD/HKD that started back in March of this year is finally coming to an end. Since reaching a high of 7.2972 on July 3rd, the pair has been in an unrelenting fall.
While I do expect the losses to decelerate doing forward, I am still betting on more losses towards 7.0870. Here is a chart that shows the recent fall on a lower time frame.
While I do expect the losses to decelerate doing forward, I am still betting on more losses towards 7.0870. Here is a chart that shows the recent fall on a lower time frame.