Channel Down on 1D. Short.

EURPLN has switched to a Channel Down on 1D (RSI = 35.852) and despite the slow pace (MACD = -0.016, Highs/Lows = -0.0192, B/BP = -0.0216) can extend (gradually) to a new Lower Low at 4.2200. This is our TP where a short term consolidation is expected (oversold already on STOCH = 19.416, STOCHRSI = 6.677, Williams = -92.202).
Chart PatternsCurrenciescurrencyEUReuroEURPLNForexTechnical IndicatorsplnpolishzlotyTrend Analysiszloty

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