#eurpln watch for a pennant break
EURPLN has been trading in an extremely tight range of 4.2350 - 4.2900 since may, with lower highs and higher lows forming a pennant. Should it break out on the top side with a decisive close above 4.2750-4.2800, the measured target would be around 4.43, which also aligns with a major horizontal key support/resistance level.
Set your stop Buy orders to enter, NBP rate decision is on Thursday. Market generally expects rates on hold, I think there's quite some chance they cut rates though.
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