The EUR/HUF is meeting all of my expectations on the Technicals, Fundamentals, and Sentiment. On the technicals, price is showing a head and shoulders patterns and price looks like it might be able to complete the head portion this year. The reason being is, on the fundamental side, the ECB is struggling to fight inflation, the National Hungarian Bank sticking to maintain the highest interest rates in the EU (at 13%), the NHB is not looking to loosen monetary policy, even if the Hungarian Governments wants them to, and inflation is extremely high at over 25%. Sentiment is very strong for the HUF, with a lot of articles in favor of the HUF. Also the EUR/HUF is a great carry trade, and with the possibility of the NBH possibly raising rates further, could push price down to my price target of 345.