| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇘ |
The USD/PLN currency pair has been trading near the senior channel for the past few weeks. This pattern was tested on March 20 when the rate reversed from the 3.46 mark, but it has since returned near this border.
If looking at the pair's short-term movement, the Greenback has traded sideways for the last three trading sessions. Some bearish sentiment prevailed mid-today, thus pushing the rate down to the 100-hour SMA and the weekly PP near 3.4120.
It seems that the general movement of the pair could be downwards within the following week, as suggested by the two junior channels and the weekly technical indicators. A possible near-term target is a bottom channel boundary and the weekly S1 at 3.3950. Subsequently, a surge is expected to follow.
In case the opposite scenario occurs, the pair should target the senior channel and the weekly R1 near 3.4450 this week.