Published: 2026-04-16T12:27:41.000Z
Chart EUR/PLN Update: Consolidating losses - studies under pressure
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Anticipated losses have reached congestion support at 4.2300
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 4.2800 | * | congestion | S1 | 4.2300 | * | congestion | |
| R3 | 4.2600 | * | congestion | S2 | 4.2200 | ** | break level, 76.4% ret | |
| R2 | 4.2500 | * | congestion | S3 | 4.2000 | ** | congestion | |
| R1 | 4.2400 | * | break level | S4 | 4.1975 | ** | 61.8% ret of 2025 rally |
Asterisk denotes strength of level
13:10 BST - Anticipated losses have reached congestion support at 4.2300, where a tick higher in oversold daily stochastics is prompting a bounce to resistance at the 4.2400 break level. A test above here is possible. But the negative daily Tension Indicator and deteriorating weekly charts should limit scope in renewed selling interest beneath congestion around 4.2500. Following cautious/corrective trade, fresh losses are looked for. A break below 4.2300 will add weight to sentiment and open up stronger support at 4.2200, where oversold daily stochastics could prompt fresh consolidation.