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EURPLN Testing 200DMA Resistance

POLAND
  • Firm momentum on the Dollar pushes USDPLN above its 4.10 resistance this morning; next level to watch on the topside stands at 4.1260, followed by 4.1530. On the downside, first support stands at 4.0675 (50DMA).
  • EURPLN ticks higher this morning after finding support at 4.5540 earlier; the pair is currently testing its 200DMA (4.57). Next level to watch on the topside stands at 4.60 (50DMA/100DMA). On the downside, support to watch stands at 4.55.

Source: Bloomberg

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