Currency pair US Dollar to Polish Zloty USD/PLN continues to move in growth. At the time of the publication of the forecast, the course of the US Dollar to Polish Zloty is 3.76. At the moment, we can expect a test of the support level near the 3.72 area, then a rebound and continued growth of the USD/PLN quotes to the area above the 3.85 level.
USD/PLN forecast Polish Zloty October 11, 2018
The test of the support line on the relative strength index (RSI) will be in favor of the growth of the US Dollar/Polish Zloty currency pair. Cancellation of the growth option of the USD/PLN pair on Forex will be a strong fall and a breakdown of the 3.70 area, which will indicate a breakdown of the support level and a continued decline in the currency pair quotes to the area below the 3.63 level. Expect acceleration of growth of USD/PLN quotes with the breakdown of the resistance area and closing above the level of 3.78.
USD/PLN forecast Polish Zloty October 11, 2018 suggests an attempt to test the support area near 3.76, from which one should expect a rebound and continued growth of the currency pair with a potential target of 3.85, the test of the trend line on the relative strength index (RSI), the abolition of growth options will make a strong fall and the breakdown of the area 3.70.