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CEEMEA FX Price Signal Summary: EURHUF Remains Firm

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Post-LIBOR Settle Update

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CHF LIBOR - 08/12/2021

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US
US: DOLLAR-INDEX TECHS: 92.049 Support Key Today
*RES 4: 92.936 - Hourly resistance Aug 31 
*RES 3: 92.711 - High Sept 4 
*RES 2: 92.697 - High Sept 20 
*RES 1: 92.270 - Hourly resistance Sept 21
*PRICE: 92.110 @ 0150GMT
*SUP 1: 92.049 - High Sept 19
*SUP 2: 91.883 - Hourly resistance Sept 19 now support
*SUP 3: 91.526 - Low Sept 20
*SUP 4: 91.410 - Low Sept 11
*COMMENTARY: Bulls failed to capitalise on Wednesday's rally with the index
remaining capped ahead of the 92.697 resistance. The index is again looking a
little heavy with bears now looking for a close below 92.049 to shift immediate
focus back to 91.526 and overall focus back to 2017 lows. Resistance layers are
starting to build and weigh with bulls continuing to look for a close above
92.936 to shift focus to 93.267-347 where the 55-DMA (93.267) is situated.