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EUR/PLN holding below 10 DMA reinforcing the bear play

Source: Thomson Reuters EUR/PLN trapped by 10 DMA and range lows, reinforcing the bear play Trend studies are rolling over albeit from neutral levels Pair is nearing recent batch of daily lows by 4.1544 so caution prevai…

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EUR/PLN holding below 10 DMA reinforcing the bear play
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Source: Thomson Reuters


  • EUR/PLN trapped by 10 DMA and range lows, reinforcing the bear play

  • Trend studies are rolling over albeit from neutral levels

  • Pair is nearing recent batch of daily  lows by 4.1544 so caution prevails

  • EUR/PLN could target 1.1495 and then 4.0915 if it breaks below 4.1544

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