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EURHUF Update: HnS is Breaking Down After Breaking Uptrend

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EUR/HUF (OANDA:EURHUF)  
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OANDA:EURHUF   EUR/HUF
Chart Patterns Wave Analysis Trend Analysis EURHUF bearishdragon HUF interestrateshikes hungary
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chartpattern waveanalysis trendanalysis eurhuf bearishdragon huf interestrateshikes hungary
Do to the huge gap in interest rates between the EUR and the HUF it seems like it will only be a matter of time before a bearish pattern like this were to play out.

This is simply just me revisiting the chart as we have gotten both a Bearish Backtest of the old uptrend and have broken through the neckline of the Bearish Head and Shoulders.

Idées en relation

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USDSEK: Head and Shoulders at the PCZ of a Bearish ABCD
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