USDHKD is waking up and we're getting early signals of a run toward 7.85
This pair moves in slow motion, but right now the setup is clear as price is grinding higher after bouncing perfectly from our key level. HKMA’s 7.85 weak-side peg is acting like a price magnet when the Fed stays hawkish = fuel for this move
Most traders ignore this pair because it’s pegged and low volatility but that’s exactly why it works. Institutions trade this range relentlessly for easy profits. We’re riding the momentum until HKMA steps in.
This pair moves in slow motion, but right now the setup is clear as price is grinding higher after bouncing perfectly from our key level. HKMA’s 7.85 weak-side peg is acting like a price magnet when the Fed stays hawkish = fuel for this move
Most traders ignore this pair because it’s pegged and low volatility but that’s exactly why it works. Institutions trade this range relentlessly for easy profits. We’re riding the momentum until HKMA steps in.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.