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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
CZECHIA
- CZKRUB breaks below its 3.48 support line, which represents the 38.2% Fibo retracement of the 3.30-3.59 range (2021 low high), amid CZK weakness in the past two days.
- Last week, the CZK remained strong against major crosses despite rising political uncertainty amid diplomatic spat between Moscow and Prague.
- Next support to watch on the downside stands at 3.45 (50D, 100D SMA and 50% Fibo).
- Key resistance on the topside stands at 3.60, which is the pair's all time high.
Source: Bloomberg/MNI
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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