Published: 2026-02-20T12:39:53.000Z
Chart EUR/PLN Update: Pushing higher
1
Cautious trade has given way to a push higher
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 4.2500 | * | congestion | S1 | 4.2200 | * | congestion | |
| R3 | 4.2350 | * | congestion | S2 | 4.2075 | ** | range lows | |
| R2 | 4.2315 | * | 20 Jan YTD high | S3 | 4.1975/00 | ** | 61.8% ret; cong | |
| R1 | 4.2280 | * | 5 Feb (w) high | S4 | 4.1800 | * | congestion |
Asterisk denotes strength of level
12:20 GMT - Cautious trade has given way to a push higher, with the break above 4.2200 putting focus on the 4.2280 weekly high of 5 February. Daily readings are edging higher and broader weekly charts are positive, highlighting room for further strength in the coming sessions. But a close above the 4.2315 current year high of 20 January is needed to improve sentiment and extend gains beyond 4.2350 towards 4.2500. Meanwhile, support is raised to congestion around 4.2200. A close back beneath here will turn sentiment neutral once again and give way to fresh consolidation above the 4.2075 range lows.