EURHUF further decline. TP $ 76.00 Hungarian Forint May Start Strengthening Again According to my technical theory, the exchange rate crossed two more powerful levels. At the intersection of the two moving average levels, the exchange built a fractal. The fractal built on the moving average curve (MA100) below is twice the size of the fractal built on the previous moving average value curve (MA50). From this, I conclude that the response to correction fractals may be doubled in the preceding descending wave sequence. If the analysis is correct, further forint appreciation is expected. The target price is 323,85 HUF