USD/HUF: Sube un 0.12% a 311.20 — Canal ascendente

Here's a concise trading analysis for USD/HUF based on the provided data: **Key Levels:** - Current: 311.20 (+0.12% today) - Support: 308.01 (S1), 303.39 (20d ascending support) - Resistance: 313.29 (R1), 316.75 (20d ascending resistance) - Pivot: 310.48 **Technical Outlook:** 1. The pair shows bullish momentum trading above both 20-day (307.66) and 50-day (307.47) SMAs 2. RSI at 65.4 suggests approaching overbought territory but not extreme 3. Price is testing the upper bounds of an ascending 20-day channel 4. 50-day channel shows a flatter trajectory, indicating potential consolidation **Trading Strategy:** *Bullish Scenario:* - Entry: Break above 313.29 (R1) with volume - Target: 316.75 (20d resistance) - Stop: Below 310.48 (pivot) *Bearish Scenario:* - Entry: Rejection at 313.29 with bearish reversal pattern - Target: 308.01 (S1) - Stop: Above 313.50 **Risk Management:** - Tight stop-losses recommended due to approaching ECB policy decision - Position sizing should account for potential EM FX volatility - Watch for RSI divergence if price makes new highs above 313.29 **Conclusion:** The technical setup favors continuation of the uptrend, but traders should be cautious of potential pullback given the elevated RSI and key resistance at 313.29. A break above could extend gains toward 316.75, while failure to hold 310.48 may signal short-term weakness. ECB policy decision this week could be a catalyst for next directional move.