May 20, 2022 07:53 GMT
- USDCZK has been consolidating sharply lower in the past week, breaking below the 23.50 level and gradually approaching its ST support at 23.1160. Next level to watch on the downside stands at 23. On the topside, resistance to watch above 23.50 stands at 23.59.
- EURCZK has been testing its 100DMA support in the past few days as the announcement of FX intervention brought back confidence on CZK. St support to watch on the downside stands at 24.50. On the topside, resistance to watch stands at 25.