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Jeff_Wheelwright

USDPLN rally rejected by Fibo level and trendline

Short
U.S. Dollar / Polish Zloty (FX_IDC:USDPLN)  
Jeff_Wheelwright  
FX_IDC:USDPLN   U.S. Dollar / Polish Zloty
4
0
A bit exotic pair, but if you bet on EUR rally, this one is highly correlated - in case of Euro rally USDPLN always falls badly. I prefer short positions due to very good swaps.
Friday's rally rejected precisely @0.236 retracement fibo level of last big rally and by falling trendline. Should reach again at least opposite end of rectangle and 0.5 Fibo level (TP1) or even 3.6500 (TP2)
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