EUR/HUF confirmed a Head and Shoulders earlier this year and evolved within a steady downtrend. That move has stalled after it achieved an intermittent low near 367 in June. 

Daily MACD has been posting positive divergence and has recently crossed above equilibrium line denoting receding downward momentum. 

A short-term bounce can’t be ruled out towards last week's high of 382 and the 200-DMA near 387/389; this is a crucial resistance zone.

In case the pair fails to defend 367, the downtrend could extend towards target for the pattern near 362.