| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Buy | Buy |
| Stochastic (5; 3) | Sell | Sell | Neutral |
| Alligator (13; 8; 5) | Neutral | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The US Dollar has been trading against the Polish Zloty in a descending channel since November, 2016. The bottom boundary of this long-term pattern was tested on January 25 near 3.31—level which also marks the lowest point since mid-2014.
The pair has since edged higher; however, it has failed to move away from the senior channel. Meanwhile, the pair's latest wave down has been bounded by two medium-term channels, the most junior of which was being tested today.
The pair is expected to make another decline in this session, as a breakout north is likely to be hindered by the combined resistance of the 100– and 200-hour SMAs, the weekly PP and the upper trend-line circa 1.3430. However, the bullish sentiment should eventually take over the market, thus allowing for the US Dollar to test a channel line in the 3.38/40 area and subsequently move towards the upper boundary of the most senior pattern.