FxWirePro
Long

EUR/PLN bounces higher from trendline support, long at 2.2450

FX_IDC:EURPLN   Euro / Polish Zloty
147 3 3
EUR/PLN edges higher, ignores bullish Polish manufacturing PMI data

EUR/PLN was better bid despite bullish Polish data, trades at 4.2490, away from 4.2417 low hit earlier in the day

Poland Purchasing Manager Index increased to 52.2 in October from previous 50.9, labour creation extended for a 27th month

Risk-off trades following the release of the Caixin Chinese PMI report favoured safe-haven currencies such as the euro            

EUR/PLN has strong trendline support at 4.2420, pair has taken support and edged higher, weakness only below 4.2420

Immediate resistance on the upside is located at 4.2668 (Daily Tenkan) ahead of 4.2804 (Oct 30 highs)

Recommendation: Good to buy dips around 2.2450, SL: 2.2400, TP: 2.2660
Correction to quotes: Long around 4.2450, SL: 4.2400, TP: 4.2660

"There has been a typo error in the previous post"
Reply
Are you sure the quotes are right?
Reply
FxWirePro AntimMarko
My Bad ....there has been a typo...Correction :Good to buy dips around 4.2450, SL: 4.2400, TP: 4.2660
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out