Technical analysis prediction for the 1st of October 2018

Instrument ; usd pln

Indicators; Ema200,50, Macd 12,26,9, Rsi 14, S/R

speculative position ; long position

price prediction ; 3.9000


weekly chart


Daily chart


usd pln mkt trend is strongly bullish bias and technical view on the weekly chart suggest likely continuation uptrend as long term speculation remains strongly bullish biased, Ema signal is uptrend, Rsi (66.72), Macd signal is uptrend while on the daily chart view, the currency pair remain biased uptrend and in coming months i expect further rise likely towards 3.9000 level , Ema signal is uptrend, Rsi (63.42), Macd signal uptrend and prediction for the 1st of October 2018 is 3.9000
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