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- EUR/PLN edges higher, ignores bullish Polish manufacturing PMI data
- EUR/PLN was better bid despite bullish Polish data, trades at 4.2490, away from 4.2417 low hit earlier in the day
- Poland Purchasing Manager Index increased to 52.2 in October from previous 50.9, labour creation extended for a 27th month
- Risk-off trades following the release of the Caixin Chinese PMI report favoured safe-haven currencies such as the euro
- EUR/PLN has strong trendline support at 4.2420, pair has taken support and edged higher, weakness only below 4.2420
- Immediate resistance on the upside is located at 4.2668 (Daily Tenkan) ahead of 4.2804 (Oct 30 highs)
Recommendation: Good to buy dips around 2.2450, SL: 2.2400, TP: 2.2660
