AUD/PLN Trade Setup: Bullish Reversal & Target Projection

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AUD/PLN Technical Analysis & Trade Setup
Chart Overview:
Currency Pair: Australian Dollar (AUD) / Polish Zloty (PLN)

Timeframe: 30-minute chart

Indicators:

200 EMA (Blue): 2.44075

30 EMA (Red): 2.44113

Key Levels & Strategy:
Support & Resistance:

Major Support Zone: Around 2.42932 (Stop Loss Area)

Intermediate Resistance: Near 2.44228

Target Resistance (Take Profit): 2.45997

Trade Projection:

The price recently bounced off the support zone (purple).

A possible retracement and retest of resistance before a strong upward move.

Targeting 0.97% profit potential from 2.44228 to 2.45997.

Entry Strategy:

Confirmation of support hold at 2.44075 - 2.44228.

If price respects this zone, a bullish continuation is expected.

If support fails, price may revisit the stop-loss area (2.42932).

Conclusion:
If price sustains above 2.44113, a bullish move is expected.

Watch for a breakout above resistance for a confirmed long entry.

A drop below 2.42932 would invalidate the setup.

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