| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
Since the beginning of December, the USD/PLN exchange rate has been trading upwards within an ascending channel.
From a theoretical perspective, it is likely that the currency pair could continue to extend gains within the predetermined channel in the medium term.
In the meantime, note that the exchange rate could gain support from the 55-, 100– and 200-period moving averages in the 3.7100 area. Thus, a breakout north could occur, and the rate could try to exceed the Fibo 23.60% at 3.8540.