| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇒ |
The USD/PLN exchange rate has revealed a long-term rising wedge pattern.
From a theoretical point of view, it is likely that the currency pair could reverse north from the lower pattern line and target the upper pattern line located circa 4.0000. Then, a reversal south could follow.
Meanwhile, note that the exchange rate is pressured by the 55-, 100– and 200-period moving averages in the 3.8215/3.8645 range. Thus, a breakout south could occur, and the rate could decline to the Fibo 50.00% at 3.6652.