April 25, 2022 07:59 GMT
USDCZK Finds Support At 50DMA
CZECHIA
- EURCZK has retracing gradually lower in the past week, approaching its 24.30 support; a break below that level would open the door for a move down to 24.17. On the topside, ST key resistance stands at 24.50.
- USDCZK ticks sharply higher this morning after finding support at its 50DMA (22.42); ST resistance to watch on the topside stands at 23. On the downside, support to watch below 22.42 stands at 22.30.
Source: Bloomberg/MNI
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