Currency pair US Dollar to Polish Zloty USD/PLN is trading at 3.7549. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair US Dollar/Polish Zloty. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 3.7360, from which it is expected to try to increase the pair’s quotes and further develop the bullish trend with the target of rising near the level of 3.8140.
Polish Zloty forecast USD/PLN on June 16, 2017
Earlier, a signal of medium strength was generated for the sale of the US Dollar/Polish Zloty, due to the crossing of the signal lines at the level of 3.7360. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 3.7110, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations USD/PLN stands with the breakdown of the local maximum area at the level of 3.7960.