Thursday, October 15, 2026

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EUR/PLN surges after NBP's shock rate cut, 30-DMA caps

EUR/PLN spikes 4.1670-4.1840 following NBP's shock 50bp rate cut 30-DMA at 4.1851 & Feb 23 peak 4.1859 caps kneejerk reaction Longer term resistance is at 200-DMA by 4.1935, pullback's likely to find support into 21-DMA …

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • EUR/PLN spikes 4.1670-4.1840 following NBP's shock 50bp rate cut

  • 30-DMA at 4.1851 & Feb 23 peak 4.1859 caps kneejerk reaction 

  • Longer term resistance is at 200-DMA by 4.1935, pullback's likely to find support into 21-DMA at 4.1731 (close key)

  • Zloty likely to stay under pressure in short-term

  • However, techs are bearish and a dovish ECB in focus tomorrow

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