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HUNGARIAN FORINT / EURO

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HUFEUR trade ideas

EURHUF: Strong long opportunity on the 1W Channel Up.The pair has been trading on a very strong and steady 1W Channel Up since April and has just hit the Higher Low supporting trend line (RSI = 53.917, MACD = 2.461, ADX = 44.042, Highs/Lows = 0.0000). This makes it an automatic buy opportunity for us, especially since the RSI on the 1D time frame nearly hit 30.000 and rebounded. Our Target Zone is 338.000 - 340.000. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Long
by InvestingScope
EURHUF to breakout or one more down?Hello, Traders. EURHUF seems to be interesting as it is at a point whereby we might see one more down or a breakout. Look for any impulsive move, and get in after the price has formed a correction. Happy trading, guys. If u like the analysis and want future chart updates, please do help share the charts and like my page. There is more to come ;) , lets make money. Thank you. IF you are interested in letting us manage your account for consistent profits, just head to fbsmy.com Thank you.
Short
by KuldipFxTrader