| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The USD/PLN exchange rate has been trading within a rising wedge pattern since the middle of April. The rate has already surpassed the 4.2000 level.
From a theoretical perspective, it is likely that the currency pair could continue to trade within the given pattern until the middle of June. Then, a breakout south could follow.
Meanwhile, note that the exchange rate is supported by the 100– and 200-hour moving averages in the 4.2150 area. Thus, a breakout north could occur in the nearest future.