Will EUR/PLN test resistance as buyer support persists?

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Euro vs Polish Zloty gains 0.53% today

Highlights

EUR/PLN maintains a bullish structure across all timeframes, with price trading firmly above key moving averages.
Momentum indicators mostly issue Buy signals, showing strong short-term strength and continued buyer dominance, with no signs of overbought conditions.
For the next 2 to 3 sessions, EUR/PLN is projected to trade in a zł4.3128 to zł4.3562 range, with further gains highly probable and corrective moves considered unlikely.

Bullish momentum sustained amid mixed technical divergence

The MA-20 at zł4.3177, MA-50 at zł4.3088, and MA-200 at zł4.2625 are all positioned below the current price, while the Ichimoku Kijun on the daily chart sits at zł4.3139 and serves as immediate support. Momentum signals remain positive, with MACD and ADX each indicating Buy signals at current levels. RSI holds at 64, demonstrating ongoing bullish momentum without breaching overbought territory, while Stochastic RSI remains Neutral and CCI flashes a Buy signal. Bull/Bear Power indicates buyer dominance on reduced intraday volatility, though the Awesome Oscillator is Neutral and Stochastic RSI continues to lag, hinting at some divergence beneath the surface.

Further advance favored as volatility constrains downside risk

In the near term, EUR/PLN is likely to fluctuate within a band of zł4.3128 to zł4.3562. The probability of a further advance is very high, while a quick reversal to the downside is seen as unlikely. The baseline scenario calls for the price to hold in a sideways corridor as typical volatility continues. A break above the upper band could activate additional upside, while a slip below immediate support would increase the odds of a corrective move.

Anton Kharitonov, expert at Traders Union, sees the EUR/PLN pair in a constructive technical posture, supported by its position above all key moving averages. He notes that momentum and bias remain mildly bullish, but also observes divergences creeping in, suggesting caution is warranted. The analyst emphasizes the importance of the current support at zł4.3139 for short-term direction. "Until zł4.3128 breaks to the downside, the upside scenario prevails — but I would stay vigilant for any change in momentum," Kharitonov says.

Earlier, analysts noted that Euro vs Polish Zloty was experiencing short-term selling pressure within a broader bullish trend, with mixed momentum suggesting caution over directional moves. The latest price action consolidates above key moving averages and technical support, so traders should now monitor for a potential breakout above resistance to validate continued upside momentum.

Source of Data: EUR Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.