Currency pair US Dollar to Polish Zloty USD/PLN is trading at 3.7549. The pair is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend in the pair US Dollar to Polish Zloty. It is expected to test the area of signal lines near the level of 3.7700, from which it is expected to try to fall quotes of the pair and further develop the bearish trend near the level of 3.6800.
Polish Zloty forecast USD/PLN on May 25, 2017
Earlier, a strong signal was generated for the sales of the USD/PLN, due to the crossing of the signal lines at the level of 3.8409. The cancellation of the fall of the pair’s quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of 3.8200, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the USD/PLN quotes falling with the breakdown of the local minimum area at the level of 3.7100.