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USDHUF Keeps Reaching New All-Time Highs Amid Broad USD Strength

HUNGARY
  • EURHUF has been trending higher this week, currently trading slightly above the 408 level. ST resistance to watch on the topside stands at 410, followed by 414.70. On the downside, key support to watch stands at 400.
  • Momentum on USDHUF remains firm with the pair reaching a new all-time high yesterday at 414.50. Next level to watch on the topside stands at 420. On the downside, support to watch stands at 400.

Source: Bloomberg/MNI

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