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USDPLN Finds Support Slightly Above 50DMA

POLAND
  • EURPLN continues to trade between its 100DMA and 50DMA; support to watch below 4.6230 (100DMA) stands at 4.6080 (200DMA). On the topside, 4.6720 remains key ST resistance (50DMA).
  • USDPLN has been retracing higher in the past two days after finding support slightly above its 50DMA. ST resistance to watch on the topside stands at 4.30. On the downside, support to watch below 4.2370 (50DMA) stands at 4.20.

Source: Bloomberg

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  • EURPLN continues to trade between its 100DMA and 50DMA; support to watch below 4.6230 (100DMA) stands at 4.6080 (200DMA). On the topside, 4.6720 remains key ST resistance (50DMA).
  • USDPLN has been retracing higher in the past two days after finding support slightly above its 50DMA. ST resistance to watch on the topside stands at 4.30. On the downside, support to watch below 4.2370 (50DMA) stands at 4.20.

Source: Bloomberg