USD/HUF down move could be exhausted

USD/HUF opened yesterday on the lower edge after a previous falling session, but rallied and closed well above the prior session's close.

This price action has left a piercing line on the chart that let bears second-guess their positions. Such a pattern may be some cause for optimism when it appears at a support level.

AUD/JPY bulls committing and testing 0.85 handle

AUD/JPY is building a case for a recovery to 85.20 but is subject to heavy volatility while the bulls are reluctant to give up the mid point of the 84 handle as last defence ahead of recent lows at 81.98.
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