Mon, 04 Aug 2014 11:34:11 GMT
HKD/JPY 1D Chart: Descending Triangle
Since there is little difference between the fluctuations of the U.S. Dollar and its Hong Kong counterpart (because of the peg), HKD/JPY has also recently has broken from the descending triangle to the upside. The currency pair is now in a good position to advance North, as it has just pulled back from 13.30 and confirmed 13.20 to be the