CHF/PLN may rise to 4.6006 - 4.6613

4.3818 is our pivot point.

Our preference

The upside prevails as long as 4.3818 is support.

Alternative scenario

Below 4.3818, expect 4.2802 and 4.2197.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 4.4159 and 4.4314).

Supports and resistances

4.7828 **

4.7220 *

4.6613 **

4.6006

4.4617 last

4.4218

4.3818 **

4.2802 *

4.2197 **

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