USDHUF - How to play the dollar long ?

تم تحديثه
One vehicle how you can short or long the dollar is the USDHUF.
The USDHUF mirrors the DXY moves pretty well.

Though watching the FIB retracement we are at no man's land : the Fibonacci 61,8% is still 10 HUF away:
لقطة

we have important levels at 354.738, 352.993, and 351.248.
I don't think price will break these levels at the first try. If we can bounce from here price will tag the 50 EMA and 200 EMA at 378-380.




أغلقت الصفقة: تم الوصول للهدف
50% position closed:
لقطة
ملاحظة
For the rest of the position stop goes to break even.
We cannot lose from this point.
Beyond Technical AnalysisChart PatternsTrend AnalysisUSDHUFusdhufanalysisusdhuflong

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