By | December 09 2009 11:13 AM

_ Main trend: consolidation _ Short-term trend: consolidation R6: 4.85 Fibonacci projection level R5: 4.65 local top R4:4.50 Fibonacci level, psychological R3: 4.39Fibonacci level, top of consolidation R2: 4.28 Fibonacci level, bottom of consolidation R1: 4.15 top S1: 3.93 tops _ Zloty is in short term declining trend. _ MACD is in sideways trend below zero level. _ Both ROC’s are close and below zero level in sideways trend (there is near term dip in ROC60). _ RSI is in sideways trend close to neutral level (50 points). _ Likelihood of forming short term trend toward 4.00 psychological target apparently increased. Second possibility is return to 4.5 level.