Published: 2026-03-12T12:10:53.000Z
Chart EUR/PLN Update: Choppy in range
1
The anticipated test below 4.2500 has bounced smartly from 4.2400
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 4.3100 | ** | April 2025 (y) high | S1 | 4.2500 | * | congestion | |
| R3 | 4.3000 | ** | break level | S2 | 4.2400 | * | break level | |
| R2 | 4.2750 | * | break level | S3 | 4.2350 | * | congestion | |
| R1 | 4.2600 | * | congestion | S4 | 4.1975/00 | ** | 61.8% ret; congestion |
Asterisk denotes strength of level
12:00 GMT - The anticipated test below 4.2500 has bounced smartly from 4.2400, with prices currently pressuring congestion resistance at 4.2600. A break will open up resistance at the 4.2750 break level. But negative daily readings and a tick lower in overbought weekly stochastics should prompt renewed selling interest beneath here. In the coming sessions, further choppy trade is looked for, with support at congestion around 4.2500. The rising weekly Tension Indicator and improving longer-term charts should limit any breaks in fresh buying interest above congestion around 4.2350.