Currency pair US Dollar to Polish Zloty USD/PLN is trading at the level of 3.7222. The pair continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend in the pair US Dollar to Polish Zloty. It is expected to test the area of signal lines near the level of 3.7500, from which one should expect an attempt to fall quotes of the pair and further develop the bearish trend near the level of 3.6740.
USD/PLN forecast Polish Zloty on May 26, 2017
Earlier, a strong signal was generated for the sales of the US Dollar to Polish Zloty, due to the intersection of the signal lines at the level of 3.8409. The cancellation of the fall of the pair quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of 3.8300, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in USD/PLN quotes with a breakdown of the local minimum area at 3.6960.
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