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EMERGING MARKETS: CEEMEA FX Price Signal Summary - EURPLN Trend Points North

* A short-term bull cycle in EURHUF remains intact and recent weakness still appears corrective - for now. Note that moving average studies are in a bull-mode position and this highlights a dominant uptrend. A resumption of the bull leg would open 374.25, the 50.0% retracement of the bear leg between Mar 9 - Jun 16. Key support has been defined at 359.62, the Aug 26 low. Clearance of this level would highlight the possibility of a stronger reversal. * A bullish theme in EURPLN remains intact and a strong rally last week reinforces bullish conditions. Key resistance at 4.3504, the Jul 10 high, has been cleared and the break confirms a resumption of the medium-term uptrend. This opens 4.3758, the Nov 6 2024 high, and 4.3826, the Jun 14 2024 high. Firm support to watch lies at 4.3201, the 50-day EMA. Support at the 20-day EMA lies at 4.3356.