Good morning to everyone and Happy New Year!
As you can see we are investigating the USD/HUF.
I strongly suggest you finish your short position on USD due to the fact that technically and also fundamentally we HUF went way ahead way too fast under the current circumstances.
We are looking for the dollar will get stronger and we will retest the 400 levers in the next 2-3 weeks
Thank You - ELGatoTrade
As you can see we are investigating the USD/HUF.
I strongly suggest you finish your short position on USD due to the fact that technically and also fundamentally we HUF went way ahead way too fast under the current circumstances.
We are looking for the dollar will get stronger and we will retest the 400 levers in the next 2-3 weeks
Thank You - ELGatoTrade
Comment:
My predictions were seemingly short-lived even though yesterday's intense jump also requires the stabilization of the movement,( price action) re-test and we gonna see. Not to mention that HUF is the perfect choice for carrying -a trade which I did for more than 25 days, although one violent movement like what happened yesterday easily can wipe out your swap gain. Still better to play the patient game due to the fact that this is the beginning of the year big fish are moving around.
Order cancelled
Trade closed manually
Comment:
Short continues technicals out of the game.