The Hungarian government will publish its economic stimulus on Monday or Tuesday ( 04.06.-04.07).
Plus, last week the MNB just intervened, which will raise the price of short bets against the Hungarian currency.
In my opinion, this will calm the investors a little bit.
If it turns down, then a nice Head and Shoulder pattern will form.
My target price for a short,-midterm is around 319.9
Plus, last week the MNB just intervened, which will raise the price of short bets against the Hungarian currency.
In my opinion, this will calm the investors a little bit.
If it turns down, then a nice Head and Shoulder pattern will form.
My target price for a short,-midterm is around 319.9
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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.
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.