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EMERGING MARKETS: CEEMEA FX Price Signal Summary -  EURHUF Approaches Resistance

EMERGING MARKETS
BulletEM BulletEmerging Market News
  • EURHUF is firmer today and the cross is approaching initial resistance at 396.06, the Aug 16 high. Clearance of this level would highlight a short-term bullish reversal and signal scope for a stronger recovery towards the more important resistance at 399.21, the Aug 5 high. Support to watch is the Aug 21 low of 391.93. Clearance of this level would reinstate a bearish threat. and open 390.06, the Jul 26 low.
  • EURPLN has not managed to hold on to its recent gains and maintains a softer short-term tone. Initial key support has been defined at 4.2614, the Aug 16 low. Clearance of this level would expose 4.2471, the Jul 15 low. A reversal higher and a break of resistance at 4.3039, the Aug 28 high, would reinstate a bullish theme.
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  • EURHUF is firmer today and the cross is approaching initial resistance at 396.06, the Aug 16 high. Clearance of this level would highlight a short-term bullish reversal and signal scope for a stronger recovery towards the more important resistance at 399.21, the Aug 5 high. Support to watch is the Aug 21 low of 391.93. Clearance of this level would reinstate a bearish threat. and open 390.06, the Jul 26 low.
  • EURPLN has not managed to hold on to its recent gains and maintains a softer short-term tone. Initial key support has been defined at 4.2614, the Aug 16 low. Clearance of this level would expose 4.2471, the Jul 15 low. A reversal higher and a break of resistance at 4.3039, the Aug 28 high, would reinstate a bullish theme.