The HUF has been in a weakening trend for a long time.
The support-resistance square shown in the picture will be suitable for a bounce.
The weakening continues.
If you like to trade exotics or Eastern EU currencies like CZK, PLN, HUF I would like to highlight the possibility of future weekness of these currencies. At the moment HUF is strengthening while the other two suffer from selling pressure. I think this is only periodical and due to only the higher interest rate of HUF but this is barely sustainable, central bank...
