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USDPLN Finds Support At 100DMA

POLAND
  • EURPLN has been trending higher since yesterday, currently trading back above the 4.50 level; ST resistance to watch on the topside stands at 4.55. On the downside, support to watch below 4.50 stands at 4.4830.
  • USDPLN found support at its 100DMA yesterday and has been retracing sharply higher since then amid broad Dollar strength. ST resistance to watch on the topside stands at 4, followed by 4.0275 (100DMA). On the downside, support to watch below 3.9210 (200DMA) stands at 3.90.

Source: Bloomberg/MNI

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