| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Neutral | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The US Dollar began accelerating against the Polish Zloty mid-April. Following a test of the 3.35 level, the rate breached the prevailing long-term channel and shot up to the 3.75 area. This movement has been bounded in a new senior channel. Its upper boundary is located at the aforementioned 3.75 mark.
By mid-Monday, the pair was testing its other boundary circa 3.62. Short-term technical signals point to further advance. The nearest level of strong resistance is 3.67 where the 38.20% Fibo and the 100– and 55-period (4H) SMAs are located. A successful breakout of this area should push the pair up to 3.80 or even 3.90.
In case this mark remains intact, it means that bears would be ready to take the dominant hand within the following weeks. As a result, the current senior channel should be breached to the downside just to allow the Greenback to approach 3.55/00.