This is a no-holds-bared, unmitigated, lock-and-load - and do it now! -, scenario. It does not get any easier than this, not even in the EUR/USD.
The Hungarian Forint is staring at a massacre, with immediate effect.
(... despite the fact that I applaud Victor Orban, the Hungarian Prime. Nevertheless, he has nothing left to work with. Simultaneously, he (still)...
USDHUF has been consolidating, as always we buy LOW and sell High , we will be waiting for price to reach on the Support before taking a long with a nice and good risk to reward ratio
Before you trade, or even before you state your bullish or bearish opinion on a currency pair, you should know the major resistance & support levels! Don't forget to look at the monthly or weekly chart...
