Published: 2025-09-05T12:27:39.000Z
Chart EUR/PLN Update: Studies under pressure
Senior Technical Strategist
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Little change, as prices extend consolidation around congestion support at 4.2500
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 4.3100 | ** | 16 Apr YTD high | S1 | 4.2500 | * | congestion | |
| R3 | 4.3000 | * | break level | S2 | 4.2350 | * | congestion | |
| R2 | 4.2800 | ** | congestion | S3 | 4.2200/55 | ** | 50% ret; 9 Apr (w) low | |
| R1 | 4.2650 | * | break level | S4 | 4.1975/00 | ** | 61.8% ret; cong |
Asterisk denotes strength of level
13:15 BST - Little change, as prices extend consolidation around congestion support at 4.2500. Daily readings are falling and broader weekly charts are also under pressure highlighting room for further losses. However, a close below critical support within 4.2200/55 is needed to complete a multi-month distribution pattern beneath 4.2800 and extend April losses towards 4.1975/00. Meanwhile, any immediate tests above resistance at 4.2650 should meet selling interest towards congestion around 4.2800.