Fundamentals - Hun core inflation above MNB target -> rate increase probably in March - wage growth steadily above 10% - GDP growth above expectation, 5% yoy
The eco picture resembles scenario the Czech case from 2017 where the central bank started raising rates (wage pressure, inflation, housing prices) and the korona strengthened 6-7%.
Technical - EURHUF short trend - 318 resistance tested, move above rejected -> next support weekly 200 DMA @ 313
Trade plan - EURHUF short opened, carry in favor - Be patient, next rate decision 26th Feb