The price line on USD/PLN Chart started moving bearishly at October the 10th 2022. The descending slope of the price line started reducing over time and the channel was curved upwards. After a touch of the static resistance at around 4.300000, the price line on this chart started taking an ascending leg and could reach the top line of the mentioned channel. At this moment the price line is almost touching the top line and a bearish wave is expected.
• There is a resistance level at 4.473322 followed by resistance at 4.542145 and 4.500000
• There is a support level at 4.400000. Below, there is 4.311911 and 4.250000.
Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.
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