Hang Seng Index: Fed’s Dovish Pivot Provides a Temporary Breather

<p><img width="505" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-hkd8.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Short-term technical analysis suggests a potential countertrend rebound with intermediate resistance at 16,890. China’s top policymakers’ reluctance to focus on making domestic demand revival a top priority for 2024 is likely to put a damper on positive animal spirits in the long term. A focus on making high-tech industrialization a top policy may trigger more [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/531715-hang-seng-index-feds-dovish-pivot-provides-a-temporary-breather/">Hang Seng Index: Fed&#8217;s Dovish Pivot Provides a Temporary Breather</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>