Published: 2025-06-05T11:15:18.000Z
Chart EUR/PLN Update: Edging higher in choppy trade
Senior Technical Strategist
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The run to 4.2900 has been met by selling interest
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 4.3300 | break level | S1 | 4.2800 | ** | congestion | ||
| R3 | 4.3175 | ** | 76.4% ret of 2024-2025 fall | S2 | 4.2650 | * | break level | |
| R2 | 4.3100 | * | 16 Apr YTD high | S3 | 4.2500 | * | congestion | |
| R1 | 4.3000 | * | break level | S4 | 4.2350 | * | congestion |
Asterisk denotes strength of level
12:10 BST - The run to 4.2900 has been met by selling interest, with prices testing below congestion support at 4.2800 before bouncing back above here. Daily readings continue to rise, highlighting room for continuation towards 4.3000. However, mixed/negative weekly charts should limit any initial tests in renewed selling interest towards here. Meanwhile, support remains at 4.2800 and extends to 4.2650. Still lower is congestion around 4.2500, but this should underpin any deeper reactions.