EURPLN - One to put on the radar!

Описание к видео EURPLN - One to put on the radar!

A combination of sideways trading over a 6-week period, a mild buy signal on the DMI and the fact that price is consolidating above its 55-day ma all suggests to us that the market is trying to base.

We have cloud resistance that the market is pushing quite hard into, and should we see a close above 4.5042, the recent high it should be well placed for further gains to 4.55/4.56 and potentially to the 200-day ma around 4.5950.

Maintain a positive bias for now while above the 55-day ma at 4.45.

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