Currency pair US Dollar to Polish Zloty USD/PLN continues to move in growth. At the time of the publication of the forecast, the US Dollar to Polish Zloty rate is 3.70. At the moment, we can expect a test of the support level near the 3.68 area, then a rebound and continued growth of the USD/PLN quotes to the area above the 3.80 level.
USD/PLN forecast Polish Zloty October 4, 2018
The test of the support line on the relative strength index (RSI) will be in favor of the growth of the US Dollar to 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 area of 3.65, which will indicate a breakdown of the support level and a continued decline in the currency pair quotes to the area below the level of 3.60. Waiting for confirmation of the growth of the USD/PLN quotes is with the breakdown of the upper boundary of the bullish channel and closing above the level of 3.75.
USD/PLN forecast Polish Zloty October 4, 2018 implies an attempt to test the support area near 3.75, from which we can 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 the growth option will make a strong fall and the area breakdown 3.65.