EUR/PLN: Scope for lower

2021년 2월 2일

No change in the bearish EURPLN tone, as falling intraday studies keep near-term sentiment negative and extend pressure on support at the 4.4950 Fibonacci retracement and congestion around 4.5000.
Daily stochastics and the Tension Indicator continue to fall, and broader weekly charts are also deteriorating, pointing to potential for still further slippage towards the 4.4650 retracement.
Meanwhile, resistance remains at 4.5200.
A close above here, if seen, would turn sentiment Neutral and put prices into fresh consolidation below 4.5500.