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EURPLN Consolidates Towards 100DMA Support

POLAND
  • USDPLN has been consolidating lower this week after testing a local high at 4.5270 on Friday. Support to watch on the downside stands at 4.40. On the topside. ST resistance to watch remains at 4.5280.
  • EURPLN ticks lower this morning, gradually approaching its ST support at 4.6340 (100DMA). Next level to watch on the downside stands at 4.6180 (200DMA). On the topside, resistance to watch stands at 4.6780 (50DMA).

Source: Bloomberg/MNI

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  • USDPLN has been consolidating lower this week after testing a local high at 4.5270 on Friday. Support to watch on the downside stands at 4.40. On the topside. ST resistance to watch remains at 4.5280.
  • EURPLN ticks lower this morning, gradually approaching its ST support at 4.6340 (100DMA). Next level to watch on the downside stands at 4.6180 (200DMA). On the topside, resistance to watch stands at 4.6780 (50DMA).

Source: Bloomberg/MNI