EURHUF Daily Forecast Apr 16 2014

    0
    160
    EURHUF min
    EURHUF min

    The EURHUF maintained a bullish momentum yesterday , printed support at the 306.60 levels . This development leaves the pair targeting the 310.65 levels , a halt is likely , but a break would open 312.50 next , further upside will aim the 314.45 levels.

    On the downside , support comes at the 307.85 levels ahead of 306.60 ( main) , stability above support levels will keep the bullish momentum intact , however ; losing the 306.60 levels on a daily basis  will turn outlook neutral for retesting the 305.35 / 304.25 levels before the next possible rise, a cut will open 302.00 levels.

    In all , as long as support 306.60 holds on a daily closing basis , the EURHUF will remain based to the upside towards the 310.65 levels ahead of the 312.50 levels , losing the 306.60 levels will reverse risks towards the 305.35/304.25 levels …

     

    EURHUF Daily Forecast Apr 16 2014

    MARKET DATA

    UPCOMING ECONOMIC EVENTS