Can USD/PLN avoid deeper losses as buyers remain in control?

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US Dollar vs Polish Zloty drops 0.5%

Highlights

USD/PLN trades above key short-, medium-, and long-term moving averages, indicating an active bullish trend across timeframes.
Buy-side momentum remains strong, with positive signals from MACD, ADX, RSI, CCI, and Bull/Bear Power, though some oscillators are mixed.
USD/PLN is projected to consolidate between zł3.887 and zł3.9331 in the next 2 to 3 days, with 79% probability of further upside.

Mixed oscillator signals as buyers dominate momentum

On the technical front, USD/PLN is trading above the MA-20 at zł3.9042 and MA-50 at zł3.8943 on the hourly chart, and is well above the MA-200 at zł3.7029 on the daily timeframe. The daily Ichimoku Kijun stands at zł3.9037, serving as immediate support. Intraday momentum is supported by active Buy signals from MACD and ADX, while RSI and CCI also indicate a buy bias. Stoch RSI is neutral, reflecting a mild divergence among oscillators, and Bull/Bear Power continues to show buyer dominance. The Awesome Oscillator currently does not provide a clear directional bias, indicating some uncertainty regarding broader trend conviction.

Consolidation favored amid high upside probability

In the near term, the anticipated trading range for USD/PLN is zł3.887 to zł3.9331 over the next 2–3 days. Upside probability remains elevated at 79%, with downside risk estimated at 21%. The most likely scenario is a consolidation phase within this corridor. A sustained breakout above resistance could open the way for further gains toward the upper bound, whereas a drop below immediate support may trigger short-term declines.

Anton Kharitonov, expert at Traders Union, notes that USD/PLN remains above key moving averages and shows ongoing buying interest, with most technical indicators in buy territory. He highlights that support is seen at zł3.9037, while momentum readings point to a potential consolidation phase with upside risk being more probable. Kharitonov remains cautious given some divergence among oscillators and a lack of supportive news flow. "Unless we see a clear breakout or reversal, my base case is neutral within zł3.887 to zł3.9331 — I am prepared to react quickly if price exits this range."

Earlier, analysts noted that USD/PLN was supported by persistent bullish technical momentum, but cautioned about mixed signals from oscillators. The current analysis strengthens this view, highlighting ongoing buy signals amid a consolidation phase, with traders advised to monitor for a confirmed breakout above resistance as a potential trigger for renewed upside.

Source of Data: USD 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.