dtonysav

Maybe time for a reversal on the Euro/Hungarian Forint?

Short
FOREXCOM:EURHUF   Euro / Hungarian Forint
The Hungarian forint recently created new lows against the euro.

Seeing as the move is overextended I will be waiting for a major breakout, retest and then continuation to the downside respectively to decide the trading position for me.

Daily is still bullish so I will prefer a very bearish daily candle before I decide to slide down with price action.

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