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Forex - Chart EUR/HUF Update: S/t balance but market still weak


 16:07 (GMT) 03 Feb

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Chart EUR/HUF Update: S/t balance but market still weak (UIHC4301)

03 Feb EUR/HUF Daily
16:00 GMT - Flat Thurs and Fri sessions keep the market centred on the291~ line, not far off the 288 & 285 lows/ ref. pts. Resistance at 295 to any recovery; flat low this week isn't a
convincing l/t ending for the Jan downtrend. [NR]

R5: 305.00~ ** fr Nov-11 high volume
R4: 299.30 * 20-1-Dec lows
R3: 298.60 * 5-Dec low
R2: 295.00~ fr 25-Jan high volume
R1: 292.65 27-Jan low
S1: 290.40 17-Oct-11 low
S2: 288.05 13-Oct-11 low
S3: 284.80 27-Sep low
S4: 280.00~ * 9-Sep-11 rally accel
S5: 278.90~ 5, 6-Sep highs


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