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InvestingScope
Oct 12, 2018 10:58 AM

USDHUF: Sideways within the 1W Rectangle. 

USD/HUFOANDA

Description

The previous TP = 283.20 on USDHUF was hit and the pair has been trading sideways since within a 273.754 - 285.075 1W Rectangle (ADX = 17.489, Williams = -49.968, Highs/Lows = 0.0000). The most optimal approach is to long near the 273.754 Support (TP = 283.268) and short near the 285.075 Resistance (TP = 275.110).
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