USD/HUF closed a day right at the support chanel line. Friday close bellow this line will invalidate bullish trend. I am long this pair from 239 with stop at 233.22.
Tuesday, 17 January 2012
Hungarian Forint
Given the fundamentals and technical descending channel against USD, HUF is poised for a further losses.
Update @ 18.01.2012:
USD/HUF closed a day right at the support chanel line. Friday close bellow this line will invalidate bullish trend. I am long this pair from 239 with stop at 233.22.
USD/HUF closed a day right at the support chanel line. Friday close bellow this line will invalidate bullish trend. I am long this pair from 239 with stop at 233.22.
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