| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Neutral | Sell | Neutral |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
The USD/PLN exchange rate has been consolidating in the 3.9200 area since the beginning of June.
It is likely that some upside potential could prevail in the market, as the currency pair could gain support from the 55-, 100– and 200-hour moving averages. Note that the pair could face the resistance formed by the Fibo 23.60% and the monthly PP at 4.0700.
If the given resistance holds, it is likely that a reversal south could follow. Otherwise, the exchange rate could reach the monthly R1 located at 4.1744.