USDHUF Dip buy opportunity right below.

١٢ يوليو

The USDHUF pair has been trading within a Triangle pattern since the March 15 2023 High. It has seen 3 Bearish Legs so far and currently is on the 4th. All corrections reversed to a Buy when the 1D RSI hit or came very close to its Oversold barrier (30.00).

We are anticipating another such opportunity to target 370.000 (just below its 0.9 Fibonacci retracement level, which is where the previous Lower Highs where priced).

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