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USD/HUF momentum is supportive for attempt higher

On the 4hr USD/HUF chart, the MACD has moved above zero making the near-term structure supportive for an attempt higher.

Such a momentum indication, unseen for at least for 30 periods, indicates that key price breaks are on the horizon. There is a real threat of USD/HUF rate moving now considerably higher as buyers may get aggressive in the short term.

US market wrap: dollar and yields supported on Fischer - Westpac

Analysts at Westpac offered a market re-cap for the Friday close in the US session. Key Quotes: "Global market sentiment: US interest rates and the
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