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EUR/PLN recovers from key support at 4.3165, buy on dips

  • Pair is currently trading at 4.3329 levels.
     
  • It made intraday high at 4.3365 and low at 4.3161 levels.
     
  • Intraday bias remains bullish for the moment.
     
  • A daily close below 4.3160 levels will turn the bias downside and drag the parity towards 4.2320 marks.
     
  • A current downfall from 4.5120 is likely to end here.
     
  • Alternatively, current reversal will drag the parity towards 4.38 levels.

We prefer to take long position in EUR/PLN around 4.3280, stop loss 4.3160 and target 4.38 levels.

 

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