Political reasons are manipulating the USDHUF currency pair until there is a final agreement between Hungary and the European Union between support for Ukraine and while Hungary is delaying the approval of Sweden's accession to NATO. As soon as both political issues are resolved, and they certainly will be in the near future, the Hungarian forint will gain...
Here in this Educational Analysis we have a series of consecutive signals both long and short . Last but not least a bottom fishing program or in a more technical term a 3 consecutive bearish series BFP signal indicates that a trend reversal to the SMA20 resistance level is on the way
USDHUF - 📌 SIGNAL buy limit 290.791 SL 289.211 (1570PIPS) TP1 294.526 (3724PIPS) TP2 297.683 (6892PIPS)
USDHUF has been consolidating, as always we buy LOW and sell High , we will be waiting for price to reach on the Support before taking a long with a nice and good risk to reward ratio