Currency pair US Dollar Polish Zloty USD/PLN finished the trading week at the level of 3.7316. The pair is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend in the pair US Dollar/Polish Zloty. It is expected to test the area of signal lines near the level of 3.7900, from which one should expect an attempt to fall and develop a bearish trend for a pair of US Dollar Zloty near the level of 3.6400.
USD/PLN weekly forecast June 12 — 16, 2017
Earlier, a strong signal was generated for the sale of the pair USD/PLN, due to the crossing of the signal lines at the level of 3.9454. The cancellation of the fall of the pair’s quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of 3.9000, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in USD/PLN quotations is with the breakdown of the local minimum area at 3.6800.
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