The EURHUF exchange rate has come to a correction level. In the current movement I expect a quarter-wave correction. This means that I expect to adjust the exchange rate to the level of 309.5 HUF. Then thereafter a repeated ascending wave. The next rising wave may be equal to the size of the previous wave. If the assumption is correct, the exchange rate for the primary purpose is HUF 314.2.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.