Fundamentally the Poland economy is showing green signs to recover,while new crisis
ae threathenning Turkish economy
Technically
A long solide series of Higher Highs and Highe Lows is giving a stong bullish picture
The Bullish volume is creating more often while
the short setups get quickly stopped by very low volumes.
PLN boke aleady 20-50-76 and...
The idea is very simple... Despite it having a significantly higher interest rate than the US, capital isn't flowing in the country. Poland is in a very tough place right now, as it has a relatively small economy and doesn't have a currency that is widely used. Europe overall is a big mess, and the PLN is affected by the EUR too. The ECB still has rates at -0.5%...