The EURPLN has been trading within a horizontal range between 4.00 and 4.4 as shown in the shaded region of the chart.
We witnessed a false breakout below 4 on the circled part of the graph.
In the month of June im not expecting the pair to break below 4 or above 4.4.

Above shows how the shaded region looks like on the daily chart. The price movement may be confined to a channel and i expect the price to develop in the channel.
Translate to English Show original