| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇘ | ⇗ |
Since July, the EUR/HUF exchange rate has been trading within a long-term ascending channel.
From a theoretical perspective, it is likely that the currency pair could continue to extend gains within the predetermined channel in the medium term.
Meanwhile, note that the pair could remain under pressure of the 200-period moving average near 361.00. Thus, a breakout south could occur, and the rate could decline to the Fibo 38.20% at 348.09.