Hang Seng Index Technical: Downside Pressure Has Eased

<p>The recent three weeks of -13.90% decline has reached a key medium-term support level of 17,530. The latest reading of its daily MACD trend indicator has indicated a possible pause in the medium-term downtrend movement. Key short-term support to watch will be at 17,970 with intermediate resistances at 18,600 and 18,910. The Hang Seng Index […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/516284-hang-seng-index-technical-downside-pressure-has-eased/">Hang Seng Index Technical: Downside Pressure Has Eased</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>