Is this an interesting pair? Or too tight to trade

U.S. Dollar/Hong Kong DollarFXCM

Beschreibung

⋅ 8. Jun. 2020 08:43

Hi All,

What do you think about this pair.

I see the maximum range of 1.5% is too tight for decent R/R.

From another perspective it can be seen at it lowest resistance now.

Please share your thoughts.

Thnx
Jad

Trend Analysis

Kommentare

bla_b_bi10

⋅ 10. Jul. 2020 02:22

at the bottom end of the peg

EvilMarketMorty

⋅ 9. Jul. 2020 13:33

You need to get caught up on geo-politics. USDHKD is a weapon, not a EURUSD type pairing. If you're on the wrong side you will get wiped out.

Jad-87

⋅ 9. Jul. 2020 13:49

@froiland, yes indeed. Didn't chase it since then :)

Prend

⋅ 26. Jun. 2020 05:48

Thought the same! This pair is really interesting. Like the resistance and support lines are so strict on point. I assume there are bots trading this pair but also thinkig it's really low for this pair. Lowest point trading since 2008.

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