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EURHUF Keeps Trading Above 380 Level

HUNGARY
  • USDHUF ticks higher this morning, currently testing the 360 level; ST support to watch on the downside stands at 350.60 (DMA). On the topside, resistance to watch stands at 364.
  • EURHUF has been trending higher in the past two days after finding support slightly above the 380 level yesterday. Resistance to watch on the topside stands at 387.20, followed by 390. On the downside, support to watch below 380 stands at 377.10 (50DMA).

Source: Bloomberg

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