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EURHUF Consolidates Towards 406

HUNGARY
  • USDHUF has been consolidating lower, finding support below the 406 level after finding a local high at 412 yesterday. ST support to watch stands at 400. On the topside, resistance to watch stands at 410.
  • EURHUF has been consolidating lower since yesterday, currently trading at around 406. Key support to watch on the downside stands at 400. On the topside, first resistance to watch stands at 410, followed by 412.40.

Source: Bloomberg

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