Currency pair USD/PLN US Dollar Polish Zloty is trading at 3.3569. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the pair US Dollar/Polish Zloty. The test of the lower boundary of Ichimoku Kinko Hyo Cloud is expected near the level of 3.3650, from which one should expect a rebound attempt and continue falling of the pair with the target near the level of 3.3150.
Polish Zloty forecast USD/PLN on February 21, 2018
Earlier, a weak signal was received for the sell of the pair USD/PLN, due to the crossing of the signal lines at the level of 3.4030. The cancellation of the fall of the pair quotes will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of 3.3850, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of USD/PLN quotations falling with the breakdown of the support area and the closing below the level of 3.2950.