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June 24, 2025

EUR/HUF Challenges the 405 Hurdle After Trendline Rebound

EUR/HUF is currently staging a tentative rebound after successfully defending a key trendline support near 398. The currency pair faces a critical test as it approaches the 200-day moving average and the upper band of its recent trading range at 405. Market analysts are paying close attention to this action, as it could signify the next movement in this currency pair. Traders should be ready to react as the market dynamics continue to evolve. What strategies will yield the best outcomes in this environment?

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