Tue, 07 Jan 2014 06:49:53 GMT
EUR/PLN 1H Chart: Rising Wedge
Having touched a one-year low of 4.1591, EUR/PLN followed an upside trend that led to a formation of the rising wedge pattern on December 31. Recently, the pair has approached almost a one-month high of 4.1823 that lies on the upper boundary of the pattern; however, the currency pair refrained from a further appreciation and retreated, albeit slightly.
Now the