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Published: 2026-05-14T12:15:29.000Z

Chart EUR/PLN Update: Tests higher not sustained

-

The anticipated test of congestion resistance at 4.2500 has met selling interest around 4.2540

 LevelsImpComment  LevelsImpComment
R44.2650~**30 Apr (w) high S14.2300*congestion
R34.2600*congestion S24.2220*17 Apr (m) low
R24.2500/40*congestion; 12 May high S34.2200**congestion, 76.4% ret
R14.2400*break level S44.2150*congestion

Asterisk denotes strength of level

12:40 BST - The anticipated test of congestion resistance at 4.2500 has met selling interest around 4.2540, with steady losses pushing prices once again below 4.2400. Daily readings are mixed, suggesting potential for consolidation above congestion support at 4.2300, before negative weekly charts prompt further losses. A close beneath here will add weight to sentiment. But a further close below 4.2200 would confirm continuation of broader March losses initially to congestion around 4.2150. Meanwhile, any immediate tests back above 4.2400 should meet renewed selling interest towards 4.2500.

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Topics
EUR/PLN-TA
Technical Analysis
EEMEA-Technical

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