This is my idea of a short position on this pair for your consideration. USDPLN is overbought, bearish divergence in place on weekly time frame. I suggest going short to the level of 4.3. Good RR.
Trade safe
Cheers
Trade safe
Cheers
Note
The reason why pair is going down, DXY is having a pullback, nothing fundamentally changed for polish currency. Still weak because of inflation, war and geopolitical location. Take care
Note
If you use high laverage, try to use the channel and dxy chart to increase your margin. Breaking the support can accelerate the declines.
Regards
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.