Published: 2025-11-06T12:51:26.000Z
Chart EUR/PLN Update: Leaning lower
1
The test of resistance at the 4.2600 break level has given way to a pullback
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 4.3000 | ** | congestion | S1 | 4.2500 | * | congestion | |
| R3 | 4.2800 | ** | congestion | S2 | 4.2350 | * | congestion | |
| R2 | 4.2700 | * | break level | S3 | 4.2200/55 | ** | 50% ret; 9 Apr (w) low | |
| R1 | 4.2600 | * | break level | S4 | 4.1975/00 | ** | 61.8% ret; cong |
Asterisk denotes strength of level
12:40 GMT - The test of resistance at the 4.2600 break level has given way to a pullback, with prices approaching congestion support at 4.2500. Unwinding overbought daily stochastics highlight potential for a test beneath here. But the rising daily Tension Indicator and mixed weekly charts are expected to limit initial scope in renewed consolidation above congestion support at 4.2350. Meanwhile, a break above 4.2600 would improve sentiment and open up 4.2700, where already overbought daily stochastics could prompt renewed consolidation.