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Hang Seng Index challenges the 3-year major resistance

360MiQ 0

Recently, HSI rebounded from the white trading range bottom. at the same time, the daily RSI bounced off the yellow down trendline.

HSI clearly broke through the purple down channel top and is now challenging the white trading range top and the 3-year orange down trendline. Additionally, the daily RSI is also challenging the purple horizontal resistance. If it manages to break through again, it will be a significant bullish signal.

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