Dave-FX-Hunter

Potential trend continuation

Long
OANDA:USDHUF   U.S. Dollar / Hungarian Forint
Monthly weekly daily all trends are up. Now we are on the bottom of ascending channel and in the weekly, monthly demand zones. It has a lot of potential to go up. Next to it HUF is copying a bit EURO so weak EUR = weak HUF too.

Im opening 1 small position with larger stop loss and will ad more if it drops lower. There is as well nice positive swap so holding it for while will make extra profit.
Comment:
I think next week the market will retrace to our entry zone.
Order cancelled:
Will be looking for short now.

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