USD/HUF is neutral

370.33 is our pivot point.

Our preference

Technical rebound towards 370.33 before a new drop.

Alternative scenario

Above 370.33, look for 378.77 and 383.79.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price stands above its 20 period moving average (361.28) but below its 50 period moving average (363.63).

Supports and resistances

383.79 **

378.77 *

370.33 **

367.02

363.11 last

351.36

346.37 **

341.38 *

336.39 **

Number of asterisks represents the strength of support and resistance levels.