Forint strengthened sharply against the Euro on Tuesday after the National Bank of Hungary unexpectedly lifted interest rate by 185 bp to 7.75%, while markets expected only 50 bp rise to 6.40%.

EURHUF pair weakened after the decision, and if current sentiment prevails downward move may accelerate to 391.15 which coincides with lower limit of the ascending channel and 23.6% Fibonacci retracement of the last upward wave. Source: xStation5
Daily Summary: U.S.-China Tensions Trigger the Sharpest Sell-Off Since “Liberation Day” ✂️
BREAKING: USDCAD slips following Canadian employment data 📌
ECB Not Gearing Up for Changes. Is EURUSD Undervalued?
BREAKING: Norwegian CPI slightly higher than expected