Buying pressure lifts US dollar vs Polish zloty price higher in today's trading

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US dollar/zloty rises 0.51% today

Highlights

USD/PLN maintains a strong bullish trend across all timeframes, consistently trading above key support levels.
Momentum indicators show buyers remain dominant, with no overbought conditions, suggesting continued buying potential.
Expected price action favors consolidation between 3.72 and 3.74, with a high probability of further gains if resistance at 3.7200 breaks.

Anton Kharitonov, expert at Traders Union, takes a cautious stance on USD/PLN despite the current bullish momentum. He notes the lack of relevant news flow, which may increase vulnerability to sudden shifts or external shocks. Kharitonov sees the current price action as overextended relative to major moving averages. He highlights the divergence shown by Stoch RSI and warns that technical overreach often precedes consolidation. "Traders should remain defensive — when momentum and news both run dry, corrections can surprise on the downside."

Viktoras Karapetjanc, expert at Traders Union, sees the USD/PLN's strong technical setup as a sign the bullish structure remains intact. He emphasizes that momentum indicators and higher price action above the SMA lines create conditions for further growth. Despite an absence of immediate news, Karapetjanc believes market flows continue to favor buyers. "With this momentum, I expect USD/PLN to test the upper end of the 3.74 zone — the market offers multiple bullish setups over the coming week."

Jainam Mehta, market strategist, sees both bullish momentum and a possible tactical pause in USD/PLN. He highlights the divergence between oversold Stoch RSI and strong MACD readings, which signals potential for short-term consolidation before a breakout. Mehta suggests tactical traders may watch for a failed dip toward the Kijun support at 3.6585. "A sustained move above 3.7200 could trigger momentum buys, but fading strength near resistance is also a contrarian play this week."

Confluence of bullish momentum and resistance near round level

The nearest dynamic support for USD/PLN is provided by the Ichimoku Kijun line at 3.6585, while resistance is likely near the round level of 3.7200. On the momentum front, both MACD and ADX on D1 indicate strong bullish sentiment, suggesting buyers have the upper hand. RSI and CCI reflect moderate buying pressure but are not yet in overbought territory, while Stoch RSI is oversold, creating a divergence and pointing to potential for consolidation or a short-term pause. BBP is positive, supporting buyer dominance intraday, and the price is currently near the upper end of today’s range, showing moderate volatility and steady demand towards the high.

Earlier, analysts noted that USD/PLN maintained a broadly bullish structure, supported by persistent buying momentum despite short-term divergences in technical signals. The current analysis affirms this outlook, with the risk now shifting to a potential breakout above 3.7200—a move that could open the door to further gains if upward pressure persists.

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

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