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InvestingScope

CHFHUF: Mid/ Long-term Bullish Targets.

Long
Swiss Franc / Hungarian Forint (FOREXCOM:CHFHUF)  
InvestingScope  
FOREXCOM:CHFHUF   Swiss Franc / Hungarian Forint
Trend Analysis Chart Patterns Technical Indicators CHFHUF chf HUF Forex swissfranc hungarianfiorint pairs currency Currencies
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trendanalysis chartpattern indicator chfhuf chf huf forex swissfranc hungarianfiorint pairs currency currencies
The pair is trading on a strong 1D bearish leg (RSI = 37.148, MACD = -1.594, Highs/Lows = -0.8378) that has rebounded on the pivotal 30.000 RSI level. Based on CHFHUF's past price action on that level, we are expecting a medium term rebound to 305.000. On the long term, assuming the Support from the previous Monthly High holds (as it has done since 2018), we are expecting 309.500.





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