Polish Zloty: Consolidation before breakout against Euro – Societe Generale

Societe Generale analysts observe that EUR/PLN is trading near an ascending trendline from February 2025 and oscillating around its 200-day moving average. The pair is currently confined within a 4.2100–4.2650 consolidation band. A break outside this range is seen as essential to confirm a clearer directional trend in the coming weeks.

Range trade between 4.2100 and 4.2650

"EUR/PLN is in the vicinity of the ascending trendline drawn from February 2025, around 4.2100."

"The pair has been lacking clear direction, as reflected by crisscross moves around the 200-DMA."

"EUR/PLN is currently evolving within a consolidation range defined by the limits of 4.2100 and the recent pivot high at 4.2650."

"A break beyond either of these bands will be crucial in confirming a directional move."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)