Published: 2025-09-18T12:06:31.000Z
Chart EUR/PLN Update: Range extension
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Still little change, as prices extend consolidation within the 4.2500 - 4.2650 range
| 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
13:00 BST - Still little change, as prices extend consolidation within the 4.2500 - 4.2650 range. Intraday studies are leaning lower, suggesting potential for a test beneath here. But mixed daily and weekly charts are expected to limit any immediate break in renewed consolidation above further congestion around 4.2350. 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.