CHFHUF: Mid/ Long-term Bullish Targets.

FOREXCOM:CHFHUF   Swiss Franc / Hungarian Forint
The pair is trading on a strong 1D bearish leg ( RSI = 37.148, MACD = -1.594, Highs/Lows = -0.8378) that has rebounded on the pivotal 30.000 RSI level. Based on CHFHUF's past price action on that level, we are expecting a medium term rebound to 305.000. On the long term, assuming the Support from the previous Monthly High holds (as it has done since 2018), we are expecting 309.500.

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