OANDA:USDHUF   U.S. Dollar / Hungarian Forint
USDHUF update. The strategy remains unchanged. In our opinion, time has come to a more stable rise. If the idea is correct, the primary purpose of the current movement is 269.36 HUF. There is a correction level there, so we do not expect any further increase from that level. The correction level again shows a stronger re-adjustment up to $ 254.77. Then, from this rearrangement, the exchange rate can build a wave movement, which can be based on a stronger dollar appreciation. We will return to this later.

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