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PLNJPY Testing 100DMA Resistance

POLAND
  • PLNJPY ticks higher in today’s trading session after finding a local low at 27.77 on Friday, and is currently trading slightly below it 100DMA at 28.0790.
  • Next resistance to watch on the topside stands at 28.3120 (200DMA).
  • On the downside, support to watch stands at 28, followed by 27.82 (61.8% Fibo retracement of the 24.93 – 29.60 range).

Source: Bloomberg

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