| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Sell | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Neutral |
| Alligator (13; 8; 5) | Buy | Buy | Neutral |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇒ |
The Euro has been appreciating against the Polish Zloty since the end of January since the pair reversed from the lower boundary of the long-term ascending channel at 4.2632.
Currently, the exchange rate is testing strong resistance level formed by the Fibonacci 38.20% retracement at 4.3062. If given level holds, it is expected that a short-term decline occurs in the nearest future, and the currency pair re-test the lower channel line located circa 4.2640.
Otherwise, it is likely that the rate targets the upper channel line located in the 4.3530/4.3550 range.