| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The US Dollar has been appreciating against the Polish Zloty since the middle of January after the USD/PLN exchange rate failed to decline below 3.7800.
Note that the currency pair is supported by the 55-, 100– and 200-hour moving averages, currently located in the 3.9087/3.9288 area. Thus, some upside potential could prevail in the market. In this case the rate could try to exceed the 4.0200.
Note that a possible advance might not be immediate, as the exchange rate would have to surpass the monthly R2 at 3.9782. If the given resistance level does not hold, it is likely that a reversal south could occur