Two key support levels are being flirted with. If the first breaks then the second will most likely be approached in the coming days. For now I'm putting my TP at 24.9578 and SL at 25.4017
TheHonestTrader
After flirting with a key support level, and failing to reverse the direction, it seems this pair is on a path south. If it breaks through this support level, expect a move toward the next support level. A huge move south. TP set 0.6367 SL 0.6432 Current price 0.6405.
TheHonestTrader
Looking at a high momentum move through previous resistance with a potential to continue higher. The price has found support around its current price, if this support holds another run through resistance should be expected. But if the support doesn't hold we will be reversing to the downside. Either way, set pending orders to catch the momentum. TP at 4.0051 and...
Pair looks exhausted after a breakthrough key resistance levels. Lets see if it will make another breakthrough resistance. The price did pullback but settled in a good position to retest the resistance level in the coming weeks. For now TP set at 7.7505 SL at 7.7502.
TheHonestTrader
Pair is approaching a key support level. Set pending orders at the level and if it breaks it, price will move through to the yellow box. Profits can be taken there for the short term trader but if you really want the big money, wait until price gets into the green box and tests a more significant support level. This may take one or two weeks to play out but it...
USDPLN breakout (published earlier) and EURPLN approaching resistance is indicative of the weakening of the PLN. Potential test of resistance at 4.4778 set stop losses at 4.4642.
TheHonestTrader
