Polish Zloty target and trend channel support
Facts:
1) This is a third time price is testing the trend channel support.
2) We see on MACD oscillator is the reversal is started.
There is a possibility that the support will be broken, but the previous Global financial crisis, the EURPLN pair acted in the opposite direction. If this time mechanics will work out the same way, price may hit 6.4 PLN per single EUR.
As per time span, according to previous GFC's stats, once it started it may last whiting 10-15 months
1) This is a third time price is testing the trend channel support.
2) We see on MACD oscillator is the reversal is started.
There is a possibility that the support will be broken, but the previous Global financial crisis, the EURPLN pair acted in the opposite direction. If this time mechanics will work out the same way, price may hit 6.4 PLN per single EUR.
As per time span, according to previous GFC's stats, once it started it may last whiting 10-15 months
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