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USDPLN rally rejected by Fibo level and trendline
USDPLN
, 240
Short
USDPLN: USDPLN rally rejected by Fibo level and trendline

A bit exotic pair, but if you bet on EUR rally, this one is highly correlated - in case of Euro rally USDPLN always falls badly. I prefer short positions due to very good swaps. Friday's rally rejected precisely @0.236 retracement fibo level of last big rally and by falling trendline. Should reach again at least opposite end of rectangle and 0.5 Fibo level (TP1)...

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