Resistance breakout on Hong Kong 50 Index

Hong Kong 50 Index has broken through a line of 16487.0195. If this breakout holds true, we could see the price of Hong Kong 50 Index heading towards 16638.7637 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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