Currency pair US Dollar to Polish Zloty USD/PLN continues to move within the bullish trend. At the time of publication of the forecast, the US Dollar rate for the Polish Zloty is 3.78. At the moment, we should expect a test of the support level near the area of 3.75, then rebound upwards and continue the growth of USD/PLN quotations to the area above the level of 3.85.
USD/PLN forecast Polish Zloty August 17, 2018
In favor of the growth of the currency pair, the US Dollar/Polish Zloty will test the support line on the indicator of relative strength index (RSI). Canceling the growth of the USD/PLN pair on Forex will be a strong fall and breakdown of the area 3.70, which will indicate the breakdown of the support level and the continued decline in the quotations of the currency pair into the area below the level of 3.65. To expect confirmation of the growth of USD/PLN quotes stands with the breakdown of the upper border of the rising channel and the closing above the level of 3.90.
USD/PLN forecast Polish Zloty August 17, 2018 suggests an attempt to test the support area near the level of 3.75, from which it is expected to rebound and continue the growth of the currency pair with a potential target at 3.85, in favor of the growth of the Dollar will test the trend line on the indicator of the relative strength index (RS