As you can see from the charts, market currently respects downward sloping line and and support at 0,8410 and if they keep it that way market could behave like I have drawn. Purely technical analysis. Pictures says it all
Paulito's Blog
USD/HKD Stays in the Range
This is my point of view what is going to happen in 6 weeks on USD/HKDThis pair stays in a nice range for 4 weeks. It is not overly volatile and I think it going to stay that way.The trend is to the upside and so if it stays in the range it should end up at resistance. That is whyI think 7.7640 is a good place to start this new contest. Weeklyaily: