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EURCZK Continues Its Bear Consolidation

CZECHIA
  • USDCZK has been consolidating lower in the past week, gradually approaching its 23.50 level. On the topside, resistance to watch stands at 23.8380, followed by 24.
  • EURCZK continues to consolidate lower this morning, currently trading slightly above the 24.70 level. Next support to watch on the downside stands at 23.6340. On the topside, resistance to watch stands at 25.

Source: Bloomberg

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