| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
The EUR/PLN currency pair has been trading within an ascending channel since the beginning of June.
From a theoretical point of view, it is likely that some upside potential could prevail in the market, and the exchange rate could continue to trade within the given channel in the medium term.
Meanwhile, note that the currency pair is pressured by the 55–hour moving average. Thus, it is likely that the pair could breach the predetermined trend south within the following trading sessions. In this case the pair could gain support from the Fibo 61.80% at 4.3244.