Published: 2025-11-25T13:38:33.000Z
Chart EUR/PLN Update: Reached critical support at the 4.2200 Fibonacci retracement
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Cautious trade has given way to a choppy break lower to test critical support at the 4.2200 Fibonacci retracement
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 4.2700 | * | break level | S1 | 4.2200 | ** | 50% ret of Feb-Apr rally | |
| R3 | 4.2600 | * | break level | S2 | 4.1975/00 | ** | 61.8% ret; cong | |
| R2 | 4.2500 | * | congestion | S3 | 4.1800 | * | congestion | |
| R1 | 4.2350 | * | congestion | S4 | 4.1700 | ** | 76.4% ret of Feb-Apr rally |
Asterisk denotes strength of level
13:20 GMT - Cautious trade has given way to a choppy break lower to test critical support at the 4.2200 Fibonacci retracement. Daily readings have turned down and broader weekly charts are mixed/negative, highlighting room for further losses in the coming sessions. A close beneath here would turn sentiment negative and complete a multi-month distribution top beneath the 4.3100 current year high of 16 April, as focus then turns to 4.1975/00. Meanwhile, any fresh tests above congestion resistance at 4.2350 should meet renewed selling interest beneath 4.2500.