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PLN: Zloty Ticks Lower, EUR/PLN Tests 20-EMA

PLN
PolandCEEMEAEM BulletBulletEmerging Market News

EUR/PLN has added 39 pips to last change hands at 4.2693 amid holiday-thinned liquidity. Bulls set their sights on the 20-DMA (4.2770) after it capped gains yesterday. On the downside, the 4.25 area continues to support price action. A sustained break below Jul 15 low of 4.2471 would reignite bearish momentum.

  • Outgoing US ambassador Mark Brzezinski said that Poland should stick with US providers in planning the second location for a future nuclear power plant.
  • Warsaw Stock Exchange is already closed for holidays. Otherwise, Poland will observe public holidays between December 25-26.
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EUR/PLN has added 39 pips to last change hands at 4.2693 amid holiday-thinned liquidity. Bulls set their sights on the 20-DMA (4.2770) after it capped gains yesterday. On the downside, the 4.25 area continues to support price action. A sustained break below Jul 15 low of 4.2471 would reignite bearish momentum.

  • Outgoing US ambassador Mark Brzezinski said that Poland should stick with US providers in planning the second location for a future nuclear power plant.
  • Warsaw Stock Exchange is already closed for holidays. Otherwise, Poland will observe public holidays between December 25-26.