Commentary
Add as a preferred source on GoogleQuotes from Societe Generale Cross Asset Research: -EUR/HUF is hovering close to a multiyear upward trend line support of 305/303, also the 38.2% retracement of up move since August 2012 lows. -With weekly RSI closing in…
Quotes from Societe Generale Cross Asset Research:
-EUR/HUF is hovering close to a multiyear upward trend line support of 305/303, also the 38.2% retracement of up move since August 2012 lows.
-With weekly RSI closing in on a support, 305/303 will be an important level. Short term, the pair is forming a probable double bottom and a break above 311 will confirm an up move towards 318.
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