Published: 2025-10-14T11:29:55.000Z
Chart EUR/PLN Update: Gains to remain limited
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Cautious trade has given way to a drift higher to resistance at 4.2700
| 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 | 4.2700 | * | break level | S4 | 4.1975/00 | ** | 61.8% ret; cong |
Asterisk denotes strength of level
12:00 BST - Cautious trade has given way to a drift higher to resistance at 4.2700, where fresh selling interest is appearing. Daily stochastics and the daily Tension Indicator are rising, highlighting room for a test above here. But bearish weekly charts should limit any break in renewed selling interest beneath congestion around 4.2800. Following cautious trade, fresh losses are looked for. Support remains at congestion around 4.2500 and extends to 4.2350. However, a close below critical support within 4.2200/55 would complete a multi-month distribution pattern beneath 4.2800 and extend April losses towards 4.1975/00.