Published: 2025-08-26T12:04:42.000Z
Chart EUR/PLN Update: Cautious trade
Senior Technical Strategist
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Little change, as mixed intraday studies keep near-term sentiment cautious
| 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 | 4.1975/00 | ** | 61.8% ret; cong |
Asterisk denotes strength of level
12:40 BST - Little change, as mixed intraday studies keep near-term sentiment cautious and extend consolidation within the 4.2500 - 4.2650 range. Daily studies are rising, highlighting potential for a retest above resistance at 4.2650. But mixed weekly charts are expected to limit scope in renewed selling interest towards congestion around 4.2800. Meanwhile, support is at congestion around 4.2500 and extends to 4.2350. This range should underpin any immediate setbacks.