| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Buy | Neutral | Sell |
| Stochastic (5; 3) | Buy | Buy | Neutral |
| Alligator (13; 8; 5) | Sell | Neutral | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
As it was expected the EUR/HUF rate did not continue to fluctuate in the narrow ranged short term pattern that was described in the previous review of this pair.
However, the breaking of the pattern is not affecting the pairs short sellers. Instead, the narrow channel provided an opportunity to risk managed the volatility.
On Monday, the currency exchange rate traded near the 323.00 mark, where it fell down at the start of the Monday's trading session. The currency exchange rate was expected to fluctuate near this level until the 55-hour simple moving average would approach from the upside and force the rate down to the dominant support line just above the 321.00 mark.