Market Overview

27 October 2016 08:18

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A while back, we published an analysis on EURHUF in which we were presenting a possible bearish scenario on the Hungarian Forint, a scenario that since that moment has been confirmed. Today we are again looking at interesting opportunities on the HUF, with swing traders possibly looking for re-entries for the new leg down: This A-B-C pattern has been confirmed by a break of the 307.80 level on weeklies, with price now correcting back into the 310 key area.

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