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USDPLN Approaching 100DMA Support

POLAND
  • USDPLN continues to retrace higher this morning after breaking below its 50DMA (4.06); next support to watch on the downside stands at 4.0250 (100DMA). On the topside, resistance to watch above 4.06 stands at 4.10.
  • EURPLN ticks lower this morning, breaking below the 200DMA (4.57). ST support to watch on the downside stands at 4.55, followed by 4.5090. On the topside, first resistance stands at 4.57 (200DMA), followed by 4.5910.

Source: Bloomberg/MNI

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