USD/HKD 1H Chart: Rectangle

For the last 10 days pair has been trading in a rather narrow 25 pip range and although visually it seems that the pair is rather volatile actually the movements are relatively smooth. As a consequence we have a pattern whose quality and magnitude ratings are just slightly above the average. Despite the fact that the pair  has recently bounced from the pattern's support it does not seem that the pair could go in to a proper movement towards the pattern's resistance in the nearest future.  Such turn of events is suggested by the short and medium term technicals as well.