| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
Since the beginning of September, the EUR/PLN currency pair has been trading upwards, guided by an ascending trend line.
It is likely that the exchange rate could continue to be guided by the given trend line. Additionally, some upside potential could prevail in the market, as the rate could gain support from the 55-, 100– and 200-period moving averages in the 4.4300/4.4815 area.
In the meantime, it is unlikely that bears could prevail in the market, and the currency pair could decline below the psychological level at 4.4400.