| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The EUR/PLN currency pair has been trading downwards since the end of May after it failed to exceed the 4.6000 level.
Note that exchange rate is supported by the 55-, 100– and 200-hour SMAs in the 4.4180/4.4365 area. Thus, some upside potential could prevail in the market, and the rate could re-test the psychological level at 4.6180.
Meanwhile, note that the currency pair would have to surpass the Fibo 23.60% at 4.5043. If the given level holds, it is likely that a reversal south could occur, and the pair could decline to the Fibo 61.80% at 4.3205.