USD/HUF short-term extremely overbought

The RSI in the 4-hour chart has fluctuated in the last 3 weeks most of the time below the 50% mark, and only recently, he climbed over the 60% mark.

The USD/HUF was in the descent of the 50SMA it was in the 4-hour chart below the 200SMA until the slide were averages not more in line with the trend indicators. Now the oscillator is on the way in extremely overbought zone, what the sellers are motivated maybe the re-opening of Short positions to the dominant downward to continue the trend.

The currency should expand some of its recovery from Multi-week lows and a reversal of the trend stage, and will need the bears have a contingency plan, your Short-liquidate positions.

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