Chart EUR/PLN Update: Critical resistance at 4.3000 - 4.3100
The run higher from congestion support at 4.2400 has extended to reach 4.2900~
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 4.3500 | * | congestion | S1 | 4.2650~ | ** | break level | |
| R3 | 4.3450 | ** | 38.2% ret of 2023-2025 fall | S2 | 4.2500 | * | congestion | |
| R2 | 4.3100 | ** | April 2025 (y) high | S3 | 4.2400 | * | congestion | |
| R1 | 4.3000 | ** | congestion | S4 | 4.2300 | * | congestion |
Asterisk denotes strength of level
13:30 BST - The run higher from congestion support at 4.2400 has extended to reach 4.2900~, where flat overbought daily stochastics are prompting short-term reactions. The daily Tension Indicator remains positive and broader weekly charts are rising, highlighting room for still further gains in the coming sessions. Resistance is at congestion around 4.3000 and extends to the 4.3100 year high of April 2025. A close above here would improve sentiment and extend February 2025 gains out of the multi-month range pattern, as focus then turns to the 4.3450 Fibonacci retracement. Meanwhile, support is down to 4.2650~. A close beneath here, if seen, would turn sentiment neutral and give way to fresh consolidation/range extension above congestion support at 4.2500.