Published: 2025-10-31T13:16:33.000Z
Chart EUR/PLN Update: Gains to remain limited
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Cautious trade is giving way to anticipated gains
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 4.3100 | ** | 16 Apr YTD high | S1 | 4.2500 | * | congestion | |
| R3 | 4.3000 | ** | congestion | S2 | 4.2350 | * | congestion | |
| R2 | 4.2800 | ** | congestion | S3 | 4.2200/55 | ** | 50% ret; 9 Apr (w) low | |
| R1 | 4.2700 | * | break level | S4 | 4.1975/00 | ** | 61.8% ret; cong |
Asterisk denotes strength of level
12:50 GMT - Cautious trade is giving way to anticipated gains, with the break above 4.2500 currently trading around 4.2560. Daily readings are rising, highlighting room for a test of resistance at 4.2700. But negative weekly charts are expected to limit any further gains in renewed selling interest towards congestion around 4.2800. Meanwhile, a close back below congestion support at 4.2500, not yet seen, will turn sentiment neutral and prompt consolidation above 4.2350.