JFD_Research
Short

EURHUF - Daily - We can still catch a bit of that drop

FX_IDC:EURHUF   EURO / HUNGARIAN FORINT
Trade Alert

Even though the pair has already made a strong move lower from its peak at around 330.70, we can still try and catch that move towards the upwards moving trendline , drawn from the low of the 20th of April. Probably a good idea could be to try and wait for a small retracement back to the 21 EMA and then try to enter SHORT position, with a convenient for you SL. One level to watch for a potential SL could be the 325.35 zone.

Always have your SL in place.

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