Wed, 04 Dec 2013 07:21:01 GMT
EUR/HKD 1H Chart: Rising Wedge
After a sharp retreat from more than a one-year high, EUR/HKD changed direction to the north. The advance was performed within the corridor shaped by two upward sloping and gradually converging lines, in other words, within a rising wedge pattern. At the moment of writing, EUR/HKD traded close to its daily pivot point at 10.5258 but it may follow a