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TECHS: EURPLN Extends Gains

POLAND

EURPLN is on the move today.

  • Price is above last week's 5.5253 high and has also traded through the 4.5317 retracement - 50.0% of the Oct 29 - Dec 9 sell-off.
  • This suggests scope for a climb towards 4.5500 next and 4.5586, the 61.8% retracement.
  • Today's intraday low of 4.4771 marks initial support.

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