USDHUF Daily Forecast Apr 22 2014

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    The USDHUF failed to break above the 224.11 levels last week and broke below 221.88 levels. outlook in USDHUF turns neutral with risk to the downside, main support comes at the 219.23 levels, a break would open 217.50 next, further downside will aim the 215.55 levels…

    On the upside, to resume the bullish move, the pair needs to break and hold above the 224.11 levels, If seen, it will target the 225.60 levels, further upside will aim the 227.35 levels.

    In all, the USDHUF is likely to consolidate within 219.23/224.11  range before the next move…

    USDHUF Daily Forecast Apr 22 2014

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