Welcome to everyone!
Here is the EurHuf analysis.
we see CP 1 caused the break of previous demand weak area which is in shortly will be broken. Prices just reacted that strong CP of Supply. So short bias right now.
As per LBLS Indicator and Volume the bull move is near the resistance price will fall back to .382 levels.
Target can be 319.848
Strength meters shows weak strength on the bull side and short strength meters are forming now.
Monthly demand in control. To go long
Weekly downtrend broken, new candle close away from the trend, created a new demand zone. To go long
Daily uptrend. Buy at retracement, target all time highest close.
Hello, Traders. EURHUF seems to be interesting as it is at a point whereby we might see one more down or a breakout. Look for any impulsive move, and get in after the price has formed a correction.
Happy trading, guys.
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