USDHUF Long

We can see that USDHUF has been doing a series of rallies and pullbacks on the Daily chart. Momentum is very bullish. If the price breaks the previous highs I expect the momentum to continue and mark another leg up. From a R:R point of view is a very interesting trade.

We can see that more clear on the 4H chart :

https://www.tradingview.com/x/ZOvhIZHv/

We also see that the pair has just broken the descending trendline (green line) and therefore it is a good opportunity to go long.

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