meszaros

The EURHUF exchange rate has come to a correction level...

OANDA:EURHUF   EUR/HUF
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The EURHUF exchange rate has come to a correction level. In the current movement I expect a quarter-wave correction. This means that I expect to adjust the exchange rate to the level of 309.5 HUF . Then thereafter a repeated ascending wave. The next rising wave may be equal to the size of the previous wave. If the assumption is correct, the exchange rate for the primary purpose is HUF 314.2.
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