Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Get Short On The EUR/PLN.



  • We have had a strongly bullish market on the EUR/PLN recently. The rate reached daily high at 4.2170 on Wednesday. Demand at this level is exhausted for now. We went short at 4.2010. We set a stop-loss at 4.2185 and the target at 4.1730.

Significant technical levels:

Resistance: 4.2170 (high Aug 6), 4.2185 (high Apr 28), 4.2350 (high Mar 17)

Support: 4.1731(200-dma), 4.1632 (low Aug 5), 4.1230 (low Jul 9)

Our current trading positions:

EUR/PLN: short at 4.2010, target 4.1730, stop-loss 4.2195

We encourage you to subscribe to our daily fundamental macroeconomic analysis newsletter ( to read the full version of our analysis right away.

Thank you for reading.

Growth Aces