Forex - Chart EUR/PLN Update: Narrow range so far this month


 16:06 (GMT) 12 Mar

  [Forex Charts]

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Chart EUR/PLN Update: Narrow range so far this month (0101-JVLY-C01)

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Asterisk denotes strength of level

15:50 GMT - The EUR's levelled out for a week after the steep drop back at the start of the month. The March range to date (half way through) is very narrow, open to expansion & this opens room to the Feb high &/or the low, feasibly beyond, over the next fortnight. The 4.2850~ line remains key- close below will look weak, potentially reversing the m/ term trend- EUR would then face strong selling against the prior 6 month range.


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