Watching the $HKD for a potential shift in momentum

Been keeping a close eye on the Hong Kong Dollar ($HKD) recently, particularly after today's move up to around 1.65. While it's only one day, the price action from 1.60 to 1.66 feels like it's trying to carve out something more significant on the charts. I'm seeing what could be interpreted as a developing inverse head and shoulders on the daily, or at least a strong retest of prior resistance that's now acting as support around the 1.60-1.62 area.

What's got my attention is the volume coming in with these pushes higher, which seems to confirm some underlying interest. The key invalidation for me would be a sustained break and close below 1.58. If we start closing below that level, then any bullish pattern I'm seeing would likely be negated, and we'd probably be looking at further downside. It's a tricky one given the broader macro backdrop, but the technicals on the $HKD are starting to paint an interesting picture worth monitoring.