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USDHUF Approaching 3W High

  • EURHUF ticks higher this morning, currently trading slightly above its 50DMA (372.70); next level to watch on the topside stands at 377.20. On the downside, key support remains at 370.
  • USDHUF has been retracing sharply higher in the past few days after finding support slightly below the 340 level last week; ST resistance to watch on the topside stands at 351.20. On the downside, support to watch remains at 340.

Source: Bloomberg/MNI

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