11:31 AM · 10 October 2019

Technical alert: EURPLN

EUR/PLN
Forex
-
-
  • Triple top formation can be spotted on the chart

  • The pair is testing the key support zone

Looking at the D1 interval, one can see a bearish triple top formation on EURPLN currency pair. The price failed to break above a resistance at 3.39 handle and declines followed. EURPLN is trading in a key place now. Buyers managed to defend the support zone during the first attempt of breaking lower but the pair remained under pressure. The area at 4.31 is marked with the 50% Fibonacci retracement, the neck line of triple top formation and the highs from May 2019. Breaking below it could trigger a deeper decline. Yellow box on the chart above shows potential range of triple top pattern. However, one should remember that the aforementioned zone at 4.31 handle remains the key support and as long as the market stays above it, the trend remains upward. When the EURPLN drops below this key support, one should pay attention to the two next Fibonacci retracements - 61.8% and 78.6%.

EURPLN D1 interval. Source: xStation5

27 October 2025, 6:44 PM

Daily summary: Equities rally as markets await Trump-Xi talks; precious metals decline on risk-on (27.10.2025)

27 October 2025, 2:35 PM

BREAKING: Fed Dallas Manufacturing above estimates 📈 EURUSD stable around 1.163

24 October 2025, 6:00 PM

Daily Summary: CPI down, Markets Up

24 October 2025, 3:22 PM

3 markets to watch next week (24.10.2024)

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits