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U.S. Dollar / Polish Zloty
Short

SHORT IDEA ON USDPLN

By Divergencify
Updated
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
Note
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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
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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
Chart PatternsFundamental AnalysisTrend Analysis
Divergencify

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