Indicator | 4H | 1D | 1W |
MACD (12; 26; 9) | Sell | Sell | Sell |
RSI (14) | Neutral | Neutral | Neutral |
Stochastic (5; 3) | Sell | Sell | Sell |
Alligator (13; 8; 5) | Sell | Sell | Sell |
SAR (0.02; 0.2) | Sell | Sell | Sell |
Aggregate | ⇘ | ⇘ | ⇘ |
The previously described pattern of the US Dollar against the Polish Zloty was broken, as the Buck started loosing strength during the approval of the US tax reform. Various adjustments to the charts have been made due to the developments.
The reversal point is used to draw a dominant resistance line, which might play a role in the future.
A new junior channel down pattern was discovered. The pattern might guide the pair down to the historical low level of 3.5159.
Meanwhile, it has to be noted that the most dominant support is located below that historical low level.