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Hang Seng Index Technical: Risk of a Minor Pull-Back after Bullish Breakout

Hang Seng Index Technical: Risk of a Minor Pull-Back after Bullish Breakout
Price actions staged a bullish breakout from a three-month descending range. Daily MACD trend indicator rose to a five-month high reading above the zero centreline which reinforces a medium-term uptrend condition of the Hang Seng Index. In the shorter term, a minor pull-back cannot be ruled out due to an extremely overbought reading seen in […] The post Hang Seng Index Technical: Risk of a Minor Pull-Back after Bullish Breakout appeared first on Action Forex... Read More
Posted: Jul 31 2023, 07:19
Author Name: actionforex
Views: 112538

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