US dollar vs Polish zloty price sees a jump: what is fueling the asset rise

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USD/PLN rises 0.77% today

Highlights

USD/PLN maintains a short-term bullish trend, trading above major moving averages with dynamic support reinforcing upward momentum.
Momentum and trend indicators confirm a strong bullish bias, with buyers dominating intraday moves and volatility staying moderate.
Over the next five days, price is expected to remain between 3.7292 zł and 3.7500 zł, with a breakout above resistance likely accelerating gains.

Anton Kharitonov, expert at Traders Union, believes USD/PLN's current strength is technically well-grounded, but he remains cautious. He notes the price holding above all major SMAs and positive momentum signals, yet sees divergence in Stoch RSI and the absence of supportive news as possible warnings. Kharitonov highlights the risk of overextension since sentiment is not confirmed by fresh macro catalysts. He regards the sharp move toward resistance as vulnerable to a reversal if bullish exhaustion appears. "Despite robust technicals, the missing news flow and mixed momentum indicators make me wary of chasing this rally any further."

Viktoras Karapetjanc, expert at Traders Union, sees a firm bullish setup in USD/PLN, with the upward structure supported by all major technical readings. He notes that the medium- and long-term momentum remains aligned, and the market offers clear opportunity to the upside. Despite the absence of major news, Karapetjanc is confident that the technical picture alone is enough to drive further growth. The bullish scenario is strongly favored, with 3.7500 as the next logical upside target. "With such a dominant trend structure, I expect buyers to remain in control and further gains are likely in the coming sessions."

Bullish momentum persists as dynamic support and resistance hold

USD/PLN is currently trading at 3.7308 zł, which places it above the SMA-20 (3.6988 zł), SMA-50 (3.6211 zł), and SMA-200 (3.6247 zł). This configuration reflects a short-term bullish bias, confirms ongoing medium- and long-term upward momentum, and points to dynamic support from the Ichimoku Kijun at 3.6585 zł, while 3.7500 zł (round level) acts as resistance. Momentum remains positive as both the MACD and ADX signal underlying strength, while RSI levels avoid overbought readings but Stoch RSI hints at an oversold condition on the daily timeframe, with CCI remaining neutral. BBP suggests buyers are in control of today’s intraday move. AO also supports the bullish trend. Today’s 0.77% climb, with a small gap up from the previous close, positions USD/PLN near the high end of the current range, reflecting moderate volatility and clear price strength pushing toward the session highs. While Stoch RSI and other momentum signals diverge, the prevailing direction is upward, with intraday action confirming bullish momentum after the open.

Earlier, analysts noted that USD/PLN maintained a broadly bullish technical structure amid persistent buying momentum. The current analysis not only reaffirms this prevailing bullish bias but underscores that any breakout above the 3.7500 zł resistance would signal the potential for further upside beyond the established range.

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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