It seems some general USD correction may take place now, while HUF itself was under pressure due to Ukraine-Russia tension, which also may ease a bit. This means probably we'll see some bigger swing down in EURHUF.
Daily: The long term Ichimoku setup is still bullish, but MACD has some negative divergence already compared to Price. Both MACD and Slow Stoch may give a short term sell signal. The targets for the pullback are 236 (Kijun Sen), and if it gets deeper then probably 234 (shorter term trendline support), or in extreme case to the Kumo support of 232,50.
4 Hrs: DMI bearish cross with high but decreasing ADX. Ichimoku is still bullish, but most of the components got flat, which also shows the momentum is decreasing. Lower key levels are: 237,50 - 238,50 / 235,80 / 232,50 (strong support)
Daily: The long term Ichimoku setup is still bullish, but MACD has some negative divergence already compared to Price. Both MACD and Slow Stoch may give a short term sell signal. The targets for the pullback are 236 (Kijun Sen), and if it gets deeper then probably 234 (shorter term trendline support), or in extreme case to the Kumo support of 232,50.
4 Hrs: DMI bearish cross with high but decreasing ADX. Ichimoku is still bullish, but most of the components got flat, which also shows the momentum is decreasing. Lower key levels are: 237,50 - 238,50 / 235,80 / 232,50 (strong support)
