Since the EUR/PLN continues to trade inside a five-year range. As you can see on the monthly chart below, since the start of 2011 this pair has moved without a clear trend or direction. We opened 2012 at 4.4464 and we're currently quoted at 4.3059, only 3.15% away, a negligible amount for years of trading.
The picture doesn't improve if we go down time-frames either. Since August of this year we've been trading in a tight range inside the larger congestion area noted above. First we rallied to a…
The picture doesn't improve if we go down time-frames either. Since August of this year we've been trading in a tight range inside the larger congestion area noted above. First we rallied to a…