© Dukascopy Bank SA
However, in order to confirm its bearish intentions USD/PLN still needs to breach the long-term moving average at 3.1174, then it will be able to approach the lower falling trend-line at 3.1038.
In the meantime, an overwhelming majority (71%) of the SWFX market participants are holding long positions, expecting the U.S. Dollar to appreciate.
© Dukascopy Bank SA