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10Y Yield Approaching Key Support At 3%

POLAND
  • USDPLN has been oscillating around 4.07 ahead of the NBP decision; ST support to watch on the downside stands at 4.0230 (50DMA). On the topside, first resistance stands at 4.10, followed by 4.1160.
  • EURPLN ticks higher this morning and is currently trading slightly below the 100DMA level; ST support to watch on the downside stands at 4.5710 (200DMA). On the topside, first resistance to watch above 4.5930 (100DMA) stands at 4.7170 (50DMA).
  • Poland 10Y yield has been retracing lower in recent days, currently trading slightly above its key support at 3%. Resistance to watch on the topside stands at 3.31%.

Source: Bloomberg

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