USD/PLN has continued it's depreciation today which has continued fro over a week since it has reached the level of 3.80. This downward movement resembles the 5 Elliot's wave and if so we are currently close to the end of the 3 rd wave. However, I think that we still have some pips ahead in the 3rd wave before we embark on the 4th bullish wave. I think we will still see some downward movement. Bearish in the shortest term.
Translate to English Show original