Published: 2026-04-22T12:09:10.000Z
Chart EUR/PLN Update: Steady bounce, but gains to remain limited
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The bounce from just above strong support at 4.2200 is extending
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 4.2800 | * | congestion | S1 | 4.2400 | * | break level | |
| R3 | 4.2700 | * | congestion | S2 | 4.2300 | * | congestion | |
| R2 | 4.2600 | * | congestion | S3 | 4.2200 | ** | break level, 76.4% ret | |
| R1 | 4.2500 | * | congestion | S4 | 4.2000 | ** | congestion |
Asterisk denotes strength of level
13:00 BST - The bounce from just above strong support at 4.2200 is extending, with prices currently trading around 4.2450. Rising daily stochastics and a tick higher in the flat daily Tension Indicator highlight room for further strength towards congestion resistance at 4.2500. A break will open up further congestion around 4.2600. But negative weekly charts should limit any initial tests in consolidation/selling interest. Meanwhile, support is raised to 4.2400 and extends to 4.2300. However, a close below 4.2200 is needed to turn sentiment negative and extend March losses towards support within the 4.1975 - 4.2000 range.