Short-term we are very overbought, and the steepness of the move suggests a correction is very likely.
For now, we may see some attempt 4.8500 however, sell into any USD strength for now.
Strategy SELL current 4.8200-4.85 and take profit @ 4.6375 for now.
It looks as if we may see some downward correction coming up soon. We are high into BB and also doji cross and high stoch RSI.
Strategy is SELL current @ 4.6900 and TP @ 4.4850-4.5100 for now. If going higher add @ 4.7300 area.
The pattern looks good for a move lower with limited upside risk for now (unless something drastic will happen).
The turning of buying pressure is changing and we are peaking on that front. This suggests the following strategy:
SELL current 4.44-4.45 and place stop-loss above 4.60. The profit order can be somewhere 4.25 or lower. I see in fact larger adjustment...
We are showing some topping formation and also we are slightly overbought and stochastic is negative.
Strategy is SELL current 4.4200-4.4300 but place a stop-loss above 4.5500.. as we cannot be sure what may happen on the crisis front.. careful on this pair...
Profit order I feel 4.2500.
A friendly connection highlighted the USDPLN to be a SELL, and yes I agree with him.
The RSI is very overextended and it looks we should have a SELL current 4.5500 for a correction back towards 4.25 for now.
I am not committing to it as I already have a number of items on the board, but I strongly agree with this one being a short.
the leverage can be a little...
It looks like viewing THREE BLACK CROWS on candle stick pattern and we also have good cloud resistance 4.0700 above.
The direction seems to go towards 3.9500 at a minimum.
the strategy is SELL current 4.0300-4.0400 and place stop-loss 4.0775 for now. The profit order to be 3.9550.
The USDPLN (Polish Zloty) is overbought, and also in top range BB and also regression channel top. The candle stick also starts showing good top patterns.
Sell 4.1700 current for a move to 3.9800.
