Published: 2026-05-07T12:20:43.000Z
Chart EUR/PLN Update: Under pressure
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Cautious trade has given way to steady losses
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 4.2600 | * | congestion | S1 | 4.2220 | * | 17 Apr (m) low | |
| R3 | 4.2500 | * | congestion | S2 | 4.2200 | ** | congestion, 76.4% ret | |
| R2 | 4.2400 | * | break level | S3 | 4.2150 | * | congestion | |
| R1 | 4.2300 | * | congestion | S4 | 4.2100 | * | congestion |
Asterisk denotes strength of level
13:05 BST - Cautious trade has given way to steady losses, with late-April losses approaching strong support at 4.2200. Flat oversold intraday studies could prompt short-covering/consolidation towards here. But negative daily readings and deteriorating weekly charts point to room for a later break and continuation of broader March losses initially to congestion around 4.2150. Meanwhile, resistance is at congestion around 4.2300. A close above here would help to stabilise sentiment and prompt consolidation beneath 4.2400.