CHF/PLN may fall 211 - 295 pips

4.3055 is our pivot point.

Our preference

The downside prevails as long as 4.3055 is resistance.

Alternative scenario

Above 4.3055, look for 4.3197 and 4.3282.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 4.2953 and 4.2992).

Supports and resistances

4.3282 **

4.3197 *

4.3055 **

4.3000

4.2934 last

4.2723

4.2639 **

4.2555 *

4.2470 **

Number of asterisks represents the strength of support and resistance levels.