EUR/PLN may rise to 4.4436 - 4.4898

4.2777 is our pivot point.

Our preference

The upside prevails as long as 4.2777 is support.

Alternative scenario

Below 4.2777, expect 4.2003 and 4.1542.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 4.2975 and 4.2981).

Supports and resistances

4.5823 **

4.5361 *

4.4898 **

4.4436

4.3465 last

4.3082

4.2777 **

4.2003 *

4.1542 **

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