Hey! Maciek here and I invite you to update the US dollar to the Polish zloty, which is weakening in front of everyone from month to month.

What is our price structure and what else might happen? I invite you to a brief discussion in a few sentences, because most of them are already visible on the chart itself 🙂

For several months we have been dealing with a strong upward trend, with local corrections – marked with green fields in a semicircle – showing the structure of the price behavior structure.

you can see a slight similarity, which may indicate that if the price now breaks again Internal tendencies from the top – we can witness an increase in the price to around 5 zlotys for 1 dollar.

Which in my opinion is already a psychological barrier – and staying there longer can be difficult due to profit taking by investors. But that’s just my opinion.

We are definitely ahead of an important move – which will show how strong the American dollar can be and whether it will be worth simply taking profits if the barrier is exceeded.

Today is an important day in the context of the FED conference and Powell’s speech that will have a huge impact on price fluctuations – so everything is still ahead of us 🙂

If you like this type of analysis, you got a kick – share a comment !!

Yo!

Patience is a success.

Matt.

None of the information on my Tradingview profile and Youtube Channel is an investment recommendation or recommendation. Each post, video material is only my personal opinion and view. You use these materials at your own risk. The presented material does not constitute a “recommendation” within the meaning of the Act of July 29, 2005 on trading in financial instruments or the Regulation of the European Parliament and of the Council (EU) No. 596/2014 of April 16, 2014. The content does not meet the requirements for recommendations within the meaning of the Act , inter alia, they do not contain a specific valuation of any financial instrument, do not rely on any valuation method, and do not identify investment risk.