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USDHKD 13 Jun 2023

USDHKD 13 Jun 2023 on the H4 timeframe, it appears that the pair had a bearish day yesterday. Dropping past R1 and struggling again inside the kumo cloud on the ichimoku indicator. Although the pair is now at 7.83434, it looks like this pair will experience bullishness which may again succeed in breaking through R1 towards R2. this is also reinforced by the stochastic indicator which looks like this pair has passed the saturation point of oversold and is starting to rised. If bullish really happens then go-long can be an option for traders. Even so, you still have to pay attention to market changes that will occur.

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