Currency pair US Dollar to Polish Zloty USD/PLN completes the trading week at the level of 3.8779. The pair is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a downward trend in the pair US dollar Polish Zloty. It is expected to test the area of signal lines near the level of 3.9100, from which one should expect an attempt to fall and develop a bearish trend for a pair of US Dollar Polish Zloty near the level of 3.7700.
USD/PLN forecast Polish Zloty on May 15 — 19, 2017
Earlier, a strong signal was generated for the sale of the US dollar pair Polish Zloty, due to the intersection of the signal lines at the level of 3.9454. The cancellation of the fall of the pair quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of 3.9900, which will indicate a change in the downward trend in favor of the upside. Expect to accelerate the fall in USD/PLN quotations with a breakdown of the local minimum area at 3.8100.
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