Thu, 31 Jul 2014 07:09:31 GMT
EUR/HKD 1H Chart: Channel Down
Since the very beginning of July, the single European currency has been in the down-trend against the Hong Kong Dollar and by the second part of the month the pair embarked upon formation of the channel down pattern.
At the moment, the currency couple is sitting not far away from a one-year low of 10.3601 it reached a day earlier but