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SHORT IDEA ON USDPLN

Short
U.S. Dollar / Polish Zloty (OANDA:USDPLN)  
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OANDA:USDPLN   U.S. Dollar / Polish Zloty
Trend Analysis Chart Patterns Fundamental Analysis
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trendanalysis chartpattern fundamental
This is my idea of a short position on this pair for your consideration. USDPLN is overbought, bearish divergence in place on weekly time frame. I suggest going short to the level of 4.3. Good RR.
Trade safe
Cheers
Comment:
snapshot
The reason why pair is going down, DXY is having a pullback, nothing fundamentally changed for polish currency. Still weak because of inflation, war and geopolitical location. Take care
Comment:
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snapshot
If you use high laverage, try to use the channel and dxy chart to increase your margin. Breaking the support can accelerate the declines.
Regards

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