Hong Kong 50 Index approaching resistance level
Hong Kong 50 Index is moving towards a line of 20785.8906 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Hong Kong 50 Index continues in its current trajectory, we may see it move towards 20785.8906 within the next 2 days.
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