Published: 2025-07-28T11:49:45.000Z
Chart EUR/PLN Update: Gains to remain limited
Senior Technical Strategist
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The test below congestion support at 4.2500 has bounced from 4.2455
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 4.3100 | ** | 16 Apr YTD high | S1 | 4.2500 | * | congestion | |
| R3 | 4.3000 | * | break level | S2 | 4.2350 | * | congestion | |
| R2 | 4.2800 | ** | congestion | S3 | 4.2200/55 | ** | 50% ret; 9 Apr (w) low | |
| R1 | 4.2650 | * | break level | S4 | 4.2000 | ** | congestion |
Asterisk denotes strength of level
12:30 BST - The test below congestion support at 4.2500 has bounced from 4.2455, as oversold intraday studies unwind, with prices currently trading around 4.2600. Daily readings have ticked higher, suggesting room for a test of resistance at 4.2650. But mixed weekly charts are expected to limit any immediate break in renewed consolidation beneath congestion resistance at 4.2800. Meanwhile, any fresh tests below 4.2500 should give way to consolidation above 4.2350.