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10Y Yield Testing 50/100DMA

CZECHIA
  • Czech 10Y yield has been retracing higher in the past week, currently testing its key ST resistance at 4.47% (50DMA and 100DMA).
  • A break above that level would open the door for a move up to 4.64% (38.2% Fibo retracement of the 2.79% - 5.79% range.
  • On the downside, support to watch stands at 3.93% (61.8% Fibo).

Source: Bloomberg

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