EURPLN yesterday gained from opening to closing, ca 225 pips. Today, the price is rising again, which gives us a chance to test the resistance around 4.27, which was previously support zone.

Price is also coming closer to the downward trend line from the high from 6th December last year. If the aforementioned resistance is overcome and we see an effective test of the trend line, we can expect return to the downturn. However, will be needed a strong selling signal on the key resistance, as recently, the lows are being set up at increasingly higher levels.

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