Free Trial

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

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.