Tue, 17 Jan 2017 09:00:04 GMT
HKD/JPY 1H Chart: Falling Wedge
HKD/JPY almost reached for yearly highs in December and January, but set a ceiling at 15.24 instead, falling slightly short of the ultimate high at 15.60. The pair had set a solid trading range during December and January which can now be considered a double top formation with a broken neckline at 14.98. A slide underneath has led inside a