| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Buy | Neutral |
| Alligator (13; 8; 5) | Sell | Buy | Neutral |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇗ | ⇗ |
The Euro has been appreciating gradually against the Polish Zloty since the beginning of December; the EUR/PLN currency pair has been trading along the lower boundary of medium-term channel located in the 4.2780/4.2850 range.
From a theoretical point of view, the general direction is expected to remain north, as the exchange rate targets the upper boundary of the long-term descending channel located circa 4.3500. Important resistance level to look out for is the Fibonacci 23.60% retracement at 4.3462.
It is the unlikely case that some bearish momentum prevails in the market, the Euro should not exceed the psychological level at 4.2850.