AUD/PLN Technical Analysis: Potential Reversal from Resistance Z

1 Nis

This is a technical analysis chart of the Australian Dollar (AUD) against the Polish Zloty (PLN) on a 30-minute timeframe from TradingView. Here are the key observations:

1. Resistance Zone (Purple Box at the Top):

The price is approaching a key resistance area around 2.4350 - 2.4450.

This zone has previously acted as resistance, suggesting a potential price reversal.



2. Exponential Moving Averages (EMA):

The 200 EMA (Blue Line) at 2.42878 and the 30 EMA (Red Line) at 2.42619 indicate trend direction.

Price is currently testing the 200 EMA, which can act as a dynamic resistance.



3. Projected Price Action (Blue Path):

The analyst expects the price to reject the resistance zone and move downward.

A possible bearish movement is indicated towards the targ

3 Nis

İşlem kapandı: hedefe ulaştı

target point hit